Housing Market Analysis for WEST LANE, SR7 8SB

Are you looking to understand SR7 8SB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this County Durham postcode.

For the location information and nearby amenities in the SR7 8SB area, explore the SR7 8SB Area information page.
For comprehensive crime statistics in the SR7 8SB area, explore the SR7 8SB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SR7 8SB postcode area, The average prices are as follows,

Detached
- The average price is around £164,500 median price is £166,000 Standard Deviation is £52,102 with Total Sold: 6
- The Last 5 Year average price is £198,333 with Total Sold: 3
- The most recent sale happened at this postcode is 14 WEST LANE: £195,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 29 WEST LANE: £90,000 (Sold on 10 May 2002)
Semi-Detached
- The average price is around £100,856 median price is £105,000 Standard Deviation is £42,863 with Total Sold: 31
- The Last 5 Year average price is £121,000 with Total Sold: 3
- The most recent sale happened at this postcode is 2 WEST LANE: £133,000 (Sold on 22 May 2023)
- The first recorded sale happened at this postcode is 24 WEST LANE: £66,000 (Sold on 11 Jul 1995)
Terraced
- The average price is around £81,955 median price is £87,500 Standard Deviation is £35,872 with Total Sold: 15
- The Last 5 Year average price is £113,333 with Total Sold: 3
- The most recent sale happened at this postcode is 10 WEST LANE: £105,000 (Sold on 16 Dec 2020)
- The first recorded sale happened at this postcode is 7 WEST LANE: £125,000 (Sold on 13 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average SR7 8SB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£195,000	£2,746	1
2021	£150,000	£1,579	1
2019	£250,000	£2,404	1
2011	£182,000	£1,826	1
2006	£120,000		1
2002	£90,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£133,000	£2,463	1
2020	£125,000	£2,315	1
2019	£105,000	£1,250	1
2018	£85,003	£1,466	1
2016	£152,500	£1,954	2
2015	£96,667	£1,524	3
2014	£113,750	£1,830	2
2013	£150,000	£2,355	1
2012	£121,875	£1,626	4
2011	£145,000	£2,685	1
2009	£104,250	£1,413	2
2008	£100,209	£1,647	4
2006	£108,500	£2,009	1
2001	£80,950	£1,271	1
1998	£43,000	£506	1
1997	£50,500	£823	2
1996	£45,000	£706	1
1995	£42,875	£518	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£107,500	£1,505	2
2017	£95,000	£1,301	1
2016	£87,500	£1,434	1
2011	£105,000	£1,351	2
2008	£27,335	£544	1
2007	£124,995	£1,488	1
2005	£122,000	£1,694	1
2002	£56,500	£785	1
2000	£44,000	£552	2
1998	£39,000	£598	2
2023	£125,000	£1,786	1

All the Sales in the WEST LANE, SR7 8SB

See the table below for more details on the sold house prices in the SR7 8SB, County Durham postcode.

Address	Sold Date	Price	% Change
14 WEST LANEDetached, FreeholdArea: 71 Sq.mtrAge: 1950-1966	28 Jul 2023	£195,000	First Sale
2 WEST LANESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1930-1949	22 May 2023	£133,000	6.40%
	28 Sep 2020	£125,000	-13.79%
	09 Sep 2011	£145,000	-2.36%
	07 Feb 2008	£148,500	36.87%
	20 Nov 2006	£108,500	First Sale
16 WEST LANEDetached, FreeholdArea: 95 Sq.mtrAge: 1930-1949	19 Mar 2021	£150,000	First Sale
10 WEST LANETerraced, FreeholdArea: 73 Sq.mtrAge: 1930-1949	16 Dec 2020	£105,000	10.53%
	14 Sep 2017	£95,000	206.45%
	31 Aug 2000	£31,000	First Sale
4 WEST LANETerraced, FreeholdArea: 70 Sq.mtrAge: 1930-1949	30 Mar 2020	£110,000	29.41%
4 WEST LANETerraced, FreeholdArea: 70 Sq.mtrAge: 1930-1949	16 Sep 2011	£85,000	First Sale
11 WEST LANESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-1949	19 Jul 2019	£105,000	-8.70%
	17 Jul 2015	£115,000	-8.00%
	26 Aug 2011	£125,000	0.00%
	28 Sep 2007	£124,995	119.29%
	31 Aug 2000	£57,000	First Sale
13 WEST LANEDetached, FreeholdArea: 104 Sq.mtrAge: 1930-1949	12 Jul 2019	£250,000	First Sale
35 WEST LANESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1930-1949	12 Apr 2018	£85,003	First Sale
34 WEST LANESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1930-1949	01 Sep 2016	£105,000	10.53%
	12 Nov 2015	£95,000	-20.17%
	17 Jan 2014	£119,000	147.92%
	10 Jan 1997	£48,000	143.04%
	06 Oct 1995	£19,750	First Sale
24 WEST LANESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	04 Aug 2016	£200,000	203.03%
	11 Jul 1995	£66,000	First Sale
6 WEST LANETerraced, FreeholdArea: 61 Sq.mtrAge: 1950-1966	29 Jul 2016	£87,500	94.44%
6 WEST LANETerraced, FreeholdArea: 61 Sq.mtrAge: 1950-1966	15 Jun 1998	£45,000	First Sale
32 WEST LANESemi-Detached, FreeholdArea: 50.25 Sq.mtrAge: 1930-1949	15 May 2015	£80,000	12.68%
	09 Oct 2009	£71,000	159.74%
	19 Dec 2008	£27,335	0.0
	19 Dec 2008	£27,335	First Sale
18 WEST LANESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1930-1949	14 May 2014	£108,500	First Sale
28 WEST LANESemi-Detached, FreeholdArea: 63.7 Sq.mtrAge: 1930-1949	09 Aug 2013	£150,000	85.30%
	20 Jul 2001	£80,950	52.74%
	21 Nov 1997	£53,000	17.78%
	15 Nov 1996	£45,000	First Sale
3 WEST LANESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1900-1929	05 Sep 2012	£100,000	-18.03%
	02 Dec 2005	£122,000	115.93%
	16 May 2002	£56,500	71.21%
	09 Jan 1998	£33,000	First Sale
9 WEST LANESemi-Detached, FreeholdArea: 45 Sq.mtrAge: 1950-1966	01 Jun 2012	£65,000	First Sale
23 WEST LANESemi-Detached, FreeholdArea: 100.91 Sq.mtrAge: 1930-1949	17 Feb 2012	£185,000	First Sale
25 WEST LANESemi-Detached, FreeholdArea: 74.91 Sq.mtrAge: 1930-1949	20 Jan 2012	£137,500	First Sale
15 WEST LANEDetached, FreeholdArea: 99.68 Sq.mtrAge: 1900-1929	19 Dec 2011	£182,000	First Sale
5 WEST LANESemi-Detached, Freehold	14 Apr 2009	£137,500	14.58%
5 WEST LANESemi-Detached, Freehold	21 Feb 2008	£120,000	First Sale
27 WEST LANESemi-Detached, Freehold	13 Aug 2008	£105,000	First Sale
17 WEST LANEDetached, Freehold	10 Nov 2006	£120,000	First Sale
29 WEST LANEDetached, Freehold	10 May 2002	£90,000	First Sale
12 WEST LANESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-1949	21 Aug 1998	£43,000	First Sale
7 WEST LANETerraced, FreeholdArea: 70 Sq.mtrAge: 1950-1966	13 Dec 2023	£125,000	First Sale

Check out the sold house prices near the SR7 8SB postcode. Properties currently for saleProperties currently for rent

WEST LANE, SR7 8SB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SR7 8SB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SR7 8SB postcode.

Detached
- The average price is around £269,408 median price is £275,000 Standard Deviation is £113,172 with Total Sold: 119
- The Last 5 Year average price is £341,500 with Total Sold: 21
- The most recent sale happened at this postcode is , 4 STOCKTON ROAD WEST: £150,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 14 STOCKTON ROAD WEST: £68,000 (Sold on 06 Jun 1995)
Terraced
- The average price is around £109,356 median price is £100,000 Standard Deviation is £71,666 with Total Sold: 22
- The Last 5 Year average price is £164,600 with Total Sold: 5
- The most recent sale happened at this postcode is , 7 WEST LANE: £125,000 (Sold on 13 Dec 2023)
- The first recorded sale happened at this postcode is , 3 WEST LANE: £33,000 (Sold on 09 Jan 1998)
Semi-Detached
- The average price is around £119,388 median price is £119,250 Standard Deviation is £53,515 with Total Sold: 80
- The Last 5 Year average price is £153,011 with Total Sold: 15
- The most recent sale happened at this postcode is , 2 WEST LANE: £133,000 (Sold on 22 May 2023)
- The first recorded sale happened at this postcode is , 24 WEST LANE: £66,000 (Sold on 11 Jul 1995)
Flat
- The average price is around £60,143 median price is £68,000 Standard Deviation is £16,409 with Total Sold: 7
- The Last 5 Year average price is £76,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 5 THE GREEN: £75,000 (Sold on 09 Sep 2022)
- The first recorded sale happened at this postcode is , 4 THE GREEN: £44,000 (Sold on 24 Apr 2000)
Other
- The average price is around £368,800 median price is £186,400 Standard Deviation is £269,632 with Total Sold: 3
- The Last 5 Year average price is £460,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 4 THE PADDOCKS: £170,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is , STAPYLTON ARMS THE VILLAGE: £186,400 (Sold on 07 Feb 2018)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,000		2
2023	£195,000	£2,746	1
2022	£480,000	£2,667	1
2021	£382,222	£2,324	9
2020	£340,000	£2,638	4
2019	£261,625	£2,071	4
2018	£202,000	£2,126	1
2016	£335,000	£2,248	1
2015	£258,333	£2,039	3
2014	£355,000	£1,509	2
2013	£272,475	£2,112	2
2012	£307,500	£1,975	4
2011	£234,400	£1,621	5
2010	£330,000	£1,881	1
2009	£206,250	£716	2
2007	£336,900	£1,592	5
2006	£282,249	£2,115	8
2005	£295,091	£2,099	19
2004	£284,562	£2,071	23
2003	£196,833	£1,437	6
2002	£152,000	£609	4
2000	£78,500	£487	2
1998	£115,214	£859	7
1997	£160,000	£824	1
1996	£102,000	£488	1
1995	£68,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£125,000	£1,786	1
2021	£241,500	£2,208	2
2020	£107,500	£1,505	2
2017	£172,500	£1,490	2
2016	£116,667	£1,326	3
2011	£125,000	£1,288	3
2008	£27,335	£544	1
2007	£124,995	£1,488	1
2005	£122,000	£1,694	1
2002	£56,500	£785	1
2000	£44,000	£552	2
1999	£16,000		1
1998	£39,000	£598	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£133,000	£2,463	1
2022	£158,500	£2,361	2
2021	£208,290	£1,906	5
2020	£105,500	£1,809	2
2019	£118,544	£1,352	5
2018	£88,502	£1,573	2
2017	£147,167	£1,634	3
2016	£135,000	£1,832	3
2015	£96,667	£1,524	3
2014	£113,750	£1,830	2
2013	£120,000	£1,627	2
2012	£135,500	£1,525	5
2011	£197,500	£2,244	2
2010	£179,000	£2,479	1
2009	£111,125	£1,297	4
2008	£110,806	£1,856	6
2007	£161,236	£2,012	4
2006	£142,832	£1,968	3
2004	£135,233	£1,719	6
2003	£127,500	£1,726	2
2002	£71,250		2
2001	£83,975	£1,271	2
2000	£58,667	£682	3
1998	£46,000	£701	2
1997	£63,000	£823	3
1996	£42,500	£706	2
1995	£40,583	£518	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£75,000	£1,631	1
2020	£78,000	£1,696	1
2013	£50,000	£740	2
2012	£62,000	£731	2
2000	£44,000	£521	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£170,000	£1,932	1
2020	£750,000	£2,280	1
2018	£186,400	£2,071	1

House Type in SR7 8SB area

The most common house types in the SR7 8SB postcode area are Detached (110), Semi-detached (94), and Terraced (12).

Total	221
Detached	110
Semi-detached	94
Terraced	12
Flat	4
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (117), and Owned: Owns with a mortgage or loan (78).

Owned: Owns outright	117
Owned: Owns with a mortgage or loan	78
Private rented: Private landlord or letting agency	11
Private rented: Other private rented	11
Social rented: Other social rented	5
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the SR7 8SB have 2 people in household (89), and 1 person in household (61).

2 people in household	89
1 person in household	61
3 people in household	32
4 people in household	29
5 people in household	7
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0