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Mere Drive is a residential street with 26 addresses.
It ranks as the 498th largest and 542nd most expensive of the 770 streets in the DH1 area. The dominant property type is a modern house built after 1980.
The street contains a total of 26 properties: 26 houses.
Mere Drive is a residential street with 26 addresses.
It ranks as the 498th largest and 542nd most expensive of the 770 streets in the DH1 area. The dominant property type is a modern house built after 1980.
The street contains a total of 26 properties: 26 houses.
Sale prices range from £251,385 for 3 bedroom freehold houses with a garden (828 ft2) to £368,757 for 4 bedroom freehold houses with a garden (1,420 ft2) .
Monthly rental prices range from £1,385 pcm for 3 bed houses to £1,608 pcm for 4 bed houses.
The gross rental yield is between 5.2% and 6.6%.
The average value per square foot is £275.
The last sale on Mere Drive sold for £315,000 on 6th February 2025. Since then prices are down an average of 0.6%.
The current average value in the street is £311,053.
The Mere Drive Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.5% | £311,053 |
| May 2025 | 4.2% | £315,907 |
| May 2024 | 1.4% | £303,137 |
| May 2023 | 4% | £299,031 |
| May 2022 | 7% | £287,625 |
| May 2021 | 4.1% | £268,726 |
| May 2020 | 2.1% | £258,178 |
| May 2019 | 2.1% | £252,805 |
| May 2018 | 1.9% | £247,575 |
| May 2017 | 0.9% | £242,927 |
| May 2016 | 3.8% | £240,692 |
| May 2015 | 2.2% | £231,920 |
| May 2014 | 2.3% | £227,019 |
| May 2013 | 1.9% | £221,808 |
| May 2012 | 0.1% | £217,574 |
| May 2011 | -2.8% | £217,365 |
| May 2010 | 5.1% | £223,618 |
| May 2009 | -9% | £212,863 |
| May 2008 | -2.1% | £233,888 |
| May 2007 | 0% | £238,958 |
The current average rental value in the street is £1,525.
The Mere Drive Rental Market has increased by 50.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.7% | £1,525pcm |
| May 2025 | -0.5% | £1,484pcm |
| May 2024 | 11.7% | £1,492pcm |
| May 2023 | 5.8% | £1,335pcm |
| May 2022 | 12.1% | £1,262pcm |
| May 2021 | 6% | £1,126pcm |
| May 2020 | 2.5% | £1,062pcm |
| May 2019 | 0.5% | £1,036pcm |
| May 2018 | 3.9% | £1,032pcm |
| May 2017 | -2.2% | £993pcm |
| May 2016 | 2.3% | £1,015pcm |
| May 2015 | 0.5% | £992pcm |
| May 2014 | 3.4% | £987pcm |
| May 2013 | -0.8% | £954pcm |
| May 2012 | 2.4% | £961pcm |
| May 2011 | 0.4% | £939pcm |
| May 2010 | 5.7% | £935pcm |
| May 2009 | -4.5% | £885pcm |
| May 2008 | 6.2% | £927pcm |
| May 2007 | 0% | £872pcm |
The last sale was on 6th February 2025 for £315,000 and since then the market in the area has decreased by 0.6%. The street has had a total of 24 sales since 1995.
Mere Drive, Pity Me, Durham, DH1 has seen 2 sales in the last three years and no sales in the last twelve months.
Mere Drive, Pity Me, Durham, DH1 is the 498th largest and the 542nd most expensive street in the DH1 area.
There is 1 postcode on Mere Drive, Pity Me, Durham, DH1.
The closest station to Mere Drive, Pity Me, Durham, DH1 is Durham station which is 2.4 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Mere Drive, Pity Me, Durham, DH1, 64.0% of property is privately owned outright and 21.9% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Mere Drive, Pity Me, Durham, DH1, 14.3% of residents are recorded as possessing school level qualifications and 46.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Mere Drive, Pity Me, Durham, DH1, the average age was 43 and the most common age was 47.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Mere Drive, Pity Me, Durham, DH1, 2.5% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Mere Drive, Pity Me, Durham, DH1, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.