County Durham’s real estate scene in October witnessed interesting transactions, notably homes that sold below their initial listing prices.

Among the 399 residential properties changing hands, a select few stood out for their significant price differences, offering buyers advantageous deals in the market. Here’s an exclusive look at the top 10 homes that fetched prices notably lower than their initial asking rates.

The homes outlined in the list below consist of different types of property: terraced houses, semi-detached houses, detached houses and flats. Their deeds were formally recorded with the Land Registry during the month of October, even if the transactions were prior to this month.

10. £19,950 (8%) below asking – detached house on Beamish Hills

A detached house at Beamish Hills in the DH9 postcode area changed hands. Initially listed for £249,950, it settled at £230,000, marking a 8% price reduction to reach its eventual selling price. It remained on the market for a duration of four months and four days. Covering 1,022 sqft, the property’s price per sqft ended up at £225. The property has three bedrooms and two bathrooms and the energy efficiency of the property is rated E. The sale was completed on 12 September.

9. £20,000 (17%) below asking – terraced house on Stanley Street

The sale of the terraced house at Stanley Street in the SR7 postcode area was finalised on September 15. It was originally listed for £120,000 and was sold for £100,000 after it had been on the market for 14 days, displaying a 17% price reduction. The home has a living area of 624 sqft and the price per sqft settled at £160. The property comprises two bedrooms and one bathroom, and the property holds an E energy efficiency rating.

8. £20,000 (17%) below asking – semi-detached house on Park Avenue

This semi-detached house at Park Avenue in the DH6 postcode area has new owners. It was initially listed for £120,000 and settled at £100,000 after it had been on the market for one month and six days, undergoing a 17% price reduction to reach its eventual selling price. The living area totals 1,453 sqft and the price per sqft ended up at £69. The property offers three bedrooms and one bathroom and the energy efficiency of the property is rated C. The sale was finalised on 12 September.

7. £27,000 (15%) below asking – semi-detached house on Belsay Close

Listed at £185,000, this detached house at Belsay Close in the DH2 postcode area settled at £158,000 after nine months and two days on the market, reflecting a 15% price reduction. Spanning 635 sqft, the property’s price per sqft was £249. With three bedrooms and three bathrooms and a B energy efficiency rating, the transfer of ownership was completed on 5 September.

6. £27,500 (16%) below asking – terraced house on St Carileph Way

Featuring three bedrooms and two bathrooms and a C energy efficiency rating, this terraced house at St Carileph Way in the DL14 postcode area, changed hands. Originally listed for £175,000, it sold at £147,500 after a 16% reduction in price. The transfer of ownership was completed on 15 August. The home has a living area of 1,356 sqft and the eventual price per sqft was £109.

5. £30,000 (11%) below asking – semi-detached house on Hastings Avenue

A semi-detached house at Hastings Avenue in the DH1 postcode area also has new owners. Initially listed for £275,000, it settled at £245,000, marking a 11% price reduction to reach its eventual selling price. It was on the market for five months and 17 days. Covering 957 sqft, the property’s price per sqft ended up at £256. The property consists of three bedrooms and one bathroom, and the property has an energy efficiency rating of D. The sale was finalised on 1 September.

4. £30,000 (12%) below asking – detached house on Beverley Way

This detached house at Beverley Way in the SR8 postcode area has new owners. It was initially listed for £250,000 and settled at £220,000 after it had been on the market for four months and 27 days, undergoing a 12% price reduction to reach its eventual selling price. The living area totals 1,065 sqft and the price per sqft ended up at £207. The property consists of four bedrooms and two bathrooms, and the property has an energy efficiency rating of C. The sale was settled on 29 August.

3. £37,450 (10%) below asking – detached house on Front Street

Listed at £374,950, this detached house at Front Street in the DH8 postcode area settled at £337,500 after 28 days on the market, reflecting a 10% price reduction. Spanning 2,378 sqft, the property’s price per sqft was £142. With five bedrooms and three bathrooms and a D energy efficiency rating, the transfer of ownership was completed on 5 September.

2. £40,000 (10%) below asking – detached house on Oakfields

Featuring four bedrooms and two bathrooms and a D energy efficiency rating, this detached house at Oakfields in the NE16 postcode area, changed hands. Originally listed for £395,000, it sold at £355,000 after a 10% reduction in price after it had been on the market for 3 months. The transfer of ownership was completed on 5 September. The home has a living area of 1,474 sqft and the eventual price per sqft was £241.

1. £45,000 (12%) below asking – detached house on St Edmunds Green

The sale of the detached house at St Edmunds Green in the TS21 postcode area was finalised on August 28. It was originally listed for £380,000 and was sold for £335,000 after it had been on the market for seven months and 12 days, displaying a 12% price reduction. The home has a living area of 1,280 sqft and the price per sqft settled at £262. The property comprises four bedrooms and two bathrooms, and the property holds a D energy efficiency rating.