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Prospect TerraceHouse Prices / North East, County Durham
Last updated Jun 2026
Key Street Insights
Prospect Terrace is a residential street with 8 addresses.
It ranks as the 202nd largest and 611th most expensive of the 872 streets in the DH7 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 8 properties: 8 houses.
8
Properties
- Houses
Key Street Insights
Prospect Terrace is a residential street with 8 addresses.
It ranks as the 202nd largest and 611th most expensive of the 872 streets in the DH7 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 8 properties: 8 houses.
8
Properties
- Houses
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House Priceson Prospect Terrace
Sale prices range from £165,637 for 3 bedroom freehold houses with a garden (979 ft2) to £212,478 for 4 bedroom freehold houses with a garden (1,552 ft2) .
Monthly rental prices range from £966 pcm for 3 bed houses to £1,145 pcm for 4 bed houses.
The gross rental yield is between 6.5% and 7.0%.
The average value per square foot is £151.
Average Sale Value
£193,701
Average Rental Value
£1,054 pcm
Average Rental Yield
6.5% /year
Average Value Per Sqft
£151 /ft2
Sales Market Trendson Prospect Terrace
The last sale on Prospect Terrace sold for £168,000 on 26th April 2024. Since then prices are up an average of 2.7%.
The current average value in the street is £193,701.
The Prospect Terrace Sales Market has increased by 31.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1% | £193,701 |
| May 2025 | 3.5% | £195,742 |
| May 2024 | 2.5% | £189,158 |
| May 2023 | 2.7% | £184,560 |
| May 2022 | 8.2% | £179,702 |
| May 2021 | 5.7% | £166,071 |
| May 2020 | -0.1% | £157,158 |
| May 2019 | 2% | £157,301 |
| May 2018 | 2.9% | £154,145 |
| May 2017 | 1.4% | £149,806 |
| May 2016 | 0.1% | £147,800 |
| May 2015 | 1.9% | £147,703 |
| May 2014 | 1.7% | £145,011 |
| May 2013 | 2.1% | £142,614 |
| May 2012 | -2.5% | £139,689 |
| May 2011 | -1.6% | £143,290 |
| May 2010 | 3.7% | £145,594 |
| May 2009 | -11.1% | £140,381 |
| May 2008 | -0.7% | £157,963 |
| May 2007 | 0% | £159,077 |
Rental Market Trendson Prospect Terrace
The current average rental value in the street is £1,054.
The Prospect Terrace Rental Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,054pcm |
| May 2025 | 4.6% | £1,032pcm |
| May 2024 | 6.7% | £987pcm |
| May 2023 | 9.2% | £924pcm |
| May 2022 | 8.4% | £846pcm |
| May 2021 | 3.4% | £781pcm |
| May 2020 | 1.6% | £755pcm |
| May 2019 | 0% | £743pcm |
| May 2018 | 1.9% | £743pcm |
| May 2017 | 0.5% | £729pcm |
| May 2016 | 0% | £725pcm |
| May 2015 | 1.5% | £726pcm |
| May 2014 | -1% | £715pcm |
| May 2013 | 1.3% | £722pcm |
| May 2012 | 0.7% | £713pcm |
| May 2011 | 1.8% | £708pcm |
| May 2010 | 1.5% | £695pcm |
| May 2009 | -0.1% | £685pcm |
| May 2008 | 5.6% | £686pcm |
| May 2007 | 0% | £649pcm |
Explore Propertieson Prospect Terrace, Lanchester, Durham, DH7
- 1, Prospect Terrace, Durham, DH7 0HF4 bed period house
- 2, Prospect Terrace, Durham, DH7 0HF
- 3, Prospect Terrace, Durham, DH7 0HF4 bed period house
- 4, Prospect Terrace, Durham, DH7 0HF4 bed period house
- 5, Prospect Terrace, Durham, DH7 0HF4 bed period house
- 6, Prospect Terrace, Durham, DH7 0HF
- 7, Prospect Terrace, Durham, DH7 0HF3 bed period house
- 8, Prospect Terrace, Durham, DH7 0HF4 bed period house
Sales Historyon Prospect Terrace, Lanchester, Durham, DH7
The last sale was on 26th April 2024 for £168,000 and since then the market in the area has increased by 2.7%. 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 HouseProspect Terrace4, Prospect Terrace, Durham, DH7 0HF
Sold Mar 2024£185,000 | 4 Bed HouseProspect Terrace5, Prospect Terrace, Durham, DH7 0HF
Sold Apr 2022£185,000 | 4 Bed HouseProspect Terrace3, Prospect Terrace, Durham, DH7 0HF
Sold Nov 2021£200,000 | 4 Bed HouseProspect Terrace8, Prospect Terrace, Durham, DH7 0HF
Sold Apr 2021£105,000 | 4 Bed HouseProspect Terrace4, Prospect Terrace, Durham, DH7 0HF
Sold Oct 2020£115,000 | 4 Bed HouseProspect Terrace3, Prospect Terrace, Durham, DH7 0HF
Sold Aug 2018£150,000 | 4 Bed HouseProspect Terrace5, Prospect Terrace, Durham, DH7 0HF
Sold Dec 2016£133,260 | 3 Bed HouseProspect Terrace7, Prospect Terrace, Durham, DH7 0HF
Sold Nov 2016£200,000 | 4 Bed HouseProspect Terrace8, Prospect Terrace, Durham, DH7 0HF
Sold Dec 2010£192,000 | 4 Bed HouseProspect Terrace8, Prospect Terrace, Durham, DH7 0HF
Sold Sep 2005£171,000 | 4 Bed HouseProspect Terrace5, Prospect Terrace, Durham, DH7 0HF
Sold Nov 1997£56,000 | 4 Bed HouseProspect Terrace8, Prospect Terrace, Durham, DH7 0HF
Top 3 Most Expensive Saleson Prospect Terrace, Lanchester, Durham, DH7
Nearby Streetsto Prospect Terrace, Lanchester, Durham, DH7
Prospect Terrace, Lanchester, Durham, DH7 is the 202nd largest and the 611th most expensive street in the DH7 area.
- 27 mSycamore Place, Lanchester, Durham, DH74 Addresses
- 74 mCecil Crescent, Lanchester, Durham, DH74 Addresses
- 94 mWoodlea, Lanchester, Durham, DH77 Addresses
- 100 mGreta Place, Lanchester, Durham, DH74 Addresses
- 104 mRailway Street, Lanchester, Durham, DH711 Addresses
- 118 mStation Road, Lanchester, Durham, DH712 Addresses
Postcodeson Prospect Terrace, Lanchester, Durham, DH7
There is 1 postcode on Prospect Terrace, Lanchester, Durham, DH7.
- House prices in DH7 0HF8 Addresses
Property Typesin Prospect Terrace
- 6 period houses built between 1800 and 1911
- 2 other addresses of unknown type
- period house (6)
- Unknown (2)
Energy Efficiencyof properties on Prospect Terrace
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (0)
- D (3)
- No EPC (2)
Schools Nearbyto Prospect Terrace, Lanchester, Durham, DH7
The nearest primary school to Prospect Terrace, Lanchester, Durham, DH7 is Lanchester Endowed Parochial Primary School which is 400 metres away.
- 400mLanchester Endowed Parochial Primary School
- 500mAll Saints' Catholic Primary School, Lanchester
- 2.5kmBurnhope Primary School
The nearest secondary school is St Bede's Catholic School and Sixth Form College, Lanchester which is 900 metres away.
- 900mSt Bede's Catholic School and Sixth Form College, Lanchester
- 6.7kmNorth Durham Academy
- 6.8kmTanfield School
More reading links
Public Transport Nearbyto Prospect Terrace, Lanchester, Durham, DH7
The closest station to Prospect Terrace, Lanchester, Durham, DH7 is Chester-le-Street station which is 11.4 kilometres away.
- 11.4kmChester-le-Street
- 11.4kmDurham
- 15.9kmDunston
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