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Spring Drive is a residential street with 39 addresses.
It ranks as the 341st largest and 225th most expensive of the 423 streets in the DH5 area. The dominant property type is a modern house built after 1980.
The street contains a total of 39 properties: 31 houses and 8 flats.
Spring Drive is a residential street with 39 addresses.
It ranks as the 341st largest and 225th most expensive of the 423 streets in the DH5 area. The dominant property type is a modern house built after 1980.
The street contains a total of 39 properties: 31 houses and 8 flats.
Sale prices range from £92,204 for 2 bedroom leasehold flats (677 ft2) to £194,106 for 4 bedroom freehold houses with a garden (1,253 ft2) .
Monthly rental prices range from £511 pcm for 2 bed flats to £987 pcm for 4 bed houses.
The gross rental yield is between 5.8% and 9.1%.
The average value per square foot is £186.
The last sale on Spring Drive sold for £55,000 on 20th January 2023. Since then prices are up an average of 1.3%.
The current average value in the street is £133,063.
The Spring Drive Sales Market has increased by 18.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.3% | £133,063 |
| May 2025 | 1.8% | £133,513 |
| May 2024 | -2.1% | £131,165 |
| May 2023 | 4.1% | £134,021 |
| May 2022 | 8.3% | £128,802 |
| May 2021 | 5% | £118,891 |
| May 2020 | 1.5% | £113,185 |
| May 2019 | 1.1% | £111,497 |
| May 2018 | -1.8% | £110,295 |
| May 2017 | -0.4% | £112,307 |
| May 2016 | 0.2% | £112,757 |
| May 2015 | -3.1% | £112,515 |
| May 2014 | 7.6% | £116,106 |
| May 2013 | -6.5% | £107,858 |
| May 2012 | 3.7% | £115,369 |
| May 2011 | -9.6% | £111,226 |
| May 2010 | 0.7% | £122,985 |
| May 2009 | -12.7% | £122,102 |
| May 2008 | -0.9% | £139,831 |
| May 2007 | 0% | £141,160 |
The current average rental value in the street is £702.
The Spring Drive Rental Market has increased by 45.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.6% | £702pcm |
| May 2025 | 0.1% | £684pcm |
| May 2024 | 11.9% | £683pcm |
| May 2023 | 4.9% | £611pcm |
| May 2022 | 11.9% | £582pcm |
| May 2021 | 5.9% | £520pcm |
| May 2020 | 2.4% | £491pcm |
| May 2019 | -0.2% | £479pcm |
| May 2018 | 2.6% | £480pcm |
| May 2017 | -2.7% | £468pcm |
| May 2016 | 1.7% | £481pcm |
| May 2015 | -0.1% | £473pcm |
| May 2014 | 2.6% | £473pcm |
| May 2013 | -1.4% | £461pcm |
| May 2012 | 1.8% | £468pcm |
| May 2011 | -0.4% | £459pcm |
| May 2010 | 2.6% | £461pcm |
| May 2009 | -5.6% | £450pcm |
| May 2008 | 5.7% | £476pcm |
| May 2007 | 0% | £451pcm |
The last sale was on 20th January 2023 for £55,000 and since then the market in the area has increased by 1.3%. The street has had a total of 38 sales since 1995.
Spring Drive, Houghton Le Spring, DH5 has seen 1 sale in the last three years and no sales in the last twelve months.
Spring Drive, Houghton Le Spring, DH5 is the 341st largest and the 225th most expensive street in the DH5 area.
There is 1 postcode on Spring Drive, Houghton Le Spring, DH5.
The closest station to Spring Drive, Houghton Le Spring, DH5 is Chester-le-Street station which is 7.6 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Spring Drive, Houghton Le Spring, DH5, % of property is and % is .
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 Spring Drive, Houghton Le Spring, DH5, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Spring Drive, Houghton Le Spring, DH5, 0.0% 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 Spring Drive, Houghton Le Spring, DH5, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.