Prospect Terrace - DH7 0HF
Key Street Insights
Prospect Terrace is a residential street with 8 addresses.
It ranks as the 202nd largest and 614th most expensive of the 872 streets in the DH7 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £193,489
- 10 Year change
- up 31.7%
- Ave. Rental Price
- £985pcm
- 10 Year change
- up 45.8%
- Ave. £ per ft²
- £151/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Street Insights
Prospect Terrace is a residential street with 8 addresses.
It ranks as the 202nd largest and 614th most expensive of the 872 streets in the DH7 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £193,489
- 10 Year change
- up 31.7%
- Ave. Rental Price
- £985pcm
- 10 Year change
- up 45.8%
- Ave. £ per ft²
- £151/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertieson Prospect Terrace, Lanchester, Durham, DH7
- 1 Prospect Terrace
4 Bed Period House
- 2 Prospect Terrace
House
- 3 Prospect Terrace
4 Bed Period House
- 4 Prospect Terrace
4 Bed Period House
- 5 Prospect Terrace
4 Bed Period House
Sales Market Trends
The last sale on Prospect Terrace sold for £168,000 on 26th April 2024. Since then prices are up an average of 3.0%.
The current average value in the street is £193,489.
The Prospect Terrace Sales Market has increased by 31.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £193,489 |
| June 2025 | 3.7% | £196,162 |
| June 2024 | 2.5% | £189,252 |
| June 2023 | 2.3% | £184,713 |
| June 2022 | 8.2% | £180,645 |
| June 2021 | 6.7% | £166,898 |
| June 2020 | -0.2% | £156,455 |
| June 2019 | 1.5% | £156,795 |
| June 2018 | 3.5% | £154,446 |
| June 2017 | 1.6% | £149,193 |
| June 2016 | 0.5% | £146,910 |
| June 2015 | 1.4% | £146,107 |
| June 2014 | 2% | £144,072 |
| June 2013 | 1.7% | £141,190 |
| June 2012 | -2.2% | £138,801 |
| June 2011 | -2.2% | £141,992 |
| June 2010 | 4.8% | £145,235 |
| June 2009 | -10.6% | £138,630 |
| June 2008 | -2.2% | £155,048 |
| June 2007 | 0% | £158,464 |
Rental Market Trends
The current average rental value in the street is £985.
The Prospect Terrace Rental Market has increased by 45.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £985pcm |
| June 2025 | 4% | £967pcm |
| June 2024 | 6.6% | £930pcm |
| June 2023 | 8.2% | £872pcm |
| June 2022 | 8.9% | £806pcm |
| June 2021 | 4.5% | £741pcm |
| June 2020 | 1.8% | £709pcm |
| June 2019 | 0.8% | £696pcm |
| June 2018 | 1.8% | £691pcm |
| June 2017 | 0.4% | £678pcm |
| June 2016 | 1.2% | £676pcm |
| June 2015 | 1.4% | £668pcm |
| June 2014 | -0.3% | £659pcm |
| June 2013 | 0.9% | £661pcm |
| June 2012 | -0.2% | £655pcm |
| June 2011 | 2.2% | £656pcm |
| June 2010 | 2.1% | £642pcm |
| June 2009 | -0.7% | £629pcm |
| June 2008 | 5.5% | £633pcm |
| June 2007 | 0% | £600pcm |
Sales History
The last sale was on 26th April 2024 for £168,000 and since then the market in the area has increased by 3.0%. The street has had a total of 12 sales since 1995.
Prospect Terrace, Lanchester, Durham, DH7 has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2024£168,000 | 4 Bed House4, Prospect Terrace, Durham, DH7 0HF4, Prospect Terrace, Durham, DH7 0HF
- Sold Mar 2024£185,000 | 4 Bed House5, Prospect Terrace, Durham, DH7 0HF5, Prospect Terrace, Durham, DH7 0HF
- Sold Apr 2022£185,000 | 4 Bed House3, Prospect Terrace, Durham, DH7 0HF3, Prospect Terrace, Durham, DH7 0HF
- Sold Nov 2021£200,000 | 4 Bed House8, Prospect Terrace, Durham, DH7 0HF8, Prospect Terrace, Durham, DH7 0HF
- Sold Apr 2021£105,000 | 4 Bed House4, Prospect Terrace, Durham, DH7 0HF4, Prospect Terrace, Durham, DH7 0HF
Top 3 Most Expensive Sales
- Sold Nov 2016£200,000 | 4 Bed House8, Prospect Terrace, Durham, DH7 0HF8, Prospect Terrace, Durham, DH7 0HF
- Sold Nov 2021£200,000 | 4 Bed House8, Prospect Terrace, Durham, DH7 0HF8, Prospect Terrace, Durham, DH7 0HF
- Sold Dec 2010£192,000 | 4 Bed House8, Prospect Terrace, Durham, DH7 0HF8, Prospect Terrace, Durham, DH7 0HF
Nearby Streets
Prospect Terrace, Lanchester, Durham, DH7 is the 202nd largest and the 614th most expensive street in the DH7 area.
- Sycamore Place, Lanchester, Durham, DH74 Addresses|27 m away
- Cecil Crescent, Lanchester, Durham, DH74 Addresses|74 m away
- Woodlea, Lanchester, Durham, DH77 Addresses|94 m away
- Greta Place, Lanchester, Durham, DH74 Addresses|100 m away
- Railway Street, Lanchester, Durham, DH711 Addresses|104 m away
- Station Road, Lanchester, Durham, DH712 Addresses|118 m away
Property Types
- 6 period houses built between 1800 and 1911
- 2 other addresses of unknown type
- period house (6)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (0)
- D (3)
- No EPC (2)
Schools Nearby
- Lanchester Endowed Parochial Primary School400 m away
- All Saints' Catholic Primary School, Lanchester500 m away
- Burnhope Primary School2.5 km away
- St Bede's Catholic School and Sixth Form College, Lanchester900 m away
- North Durham Academy6.7 km away
- Tanfield School6.8 km away
More reading links
Public Transport Nearby
The closest station to Prospect Terrace, Lanchester, Durham, DH7 - DH7 0HF is Chester-le-Street station, which is 11.4 kilometres away.
- Chester-le-Street|11.4 km away
- Durham|11.4 km away
- Dunston|15.9 km away
