Housing Market Analysis for BURNHOPE WAY, SR8 1BT

Are you looking to understand SR8 1BT 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 SR8 1BT area, explore the SR8 1BT Area information page.
For comprehensive crime statistics in the SR8 1BT area, explore the SR8 1BT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SR8 1BT postcode area, The average prices are as follows,

  • Other
    • The average price is around £151,667 median price is £150,000 Standard Deviation is £59,208 with Total Sold: 3
    • The Last 5 Year average price is £152,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 - 11 BURNHOPE WAY: £80,000 (Sold on 27 Apr 2023)
    • The first recorded sale happened at this postcode is THE CASTLEDENE BURNHOPE WAY: £150,000 (Sold on 18 Jan 2016)
  • Terraced
    • The average price is around £10,500 median price is £10,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 BURNHOPE WAY: £10,500 (Sold on 16 Sep 2003)
    • The first recorded sale happened at this postcode is 3 BURNHOPE WAY: £10,500 (Sold on 16 Sep 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 1BT 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£80,0001
2020£225,0001
2016£150,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£10,5001

All the Sales in the BURNHOPE WAY, SR8 1BT

See the table below for more details on the sold house prices in the SR8 1BT, County Durham postcode.

AddressSold DatePrice% Change
9 - 11 BURNHOPE WAYOther, Freehold27 Apr 2023£80,000First Sale
SAMBUCA BURNHOPE WAYOther, Leasehold19 Mar 2020£225,000First Sale
THE CASTLEDENE BURNHOPE WAYOther, Leasehold18 Jan 2016£150,000First Sale
3 BURNHOPE WAYTerraced, Leasehold16 Sep 2003£10,500First Sale

Check out the sold house prices near the SR8 1BT postcode. Properties currently for saleProperties currently for rent

BURNHOPE WAY, SR8 1BT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SR8 1BT 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 SR8 1BT postcode.

  • Terraced
    • The average price is around £59,786 median price is £58,000 Standard Deviation is £31,979 with Total Sold: 468
    • The Last 5 Year average price is £70,435 with Total Sold: 101
    • The most recent sale happened at this postcode is , 20 BURDON PLACE: £74,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 ALSTON WALK: £1,500 (Sold on 05 Apr 1995)
  • Detached
    • The average price is around £142,608 median price is £160,450 Standard Deviation is £68,200 with Total Sold: 148
    • The Last 5 Year average price is £202,336 with Total Sold: 27
    • The most recent sale happened at this postcode is , 13 WOODFIELD: £215,500 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 MONTFALCON CLOSE: £63,000 (Sold on 30 Jun 1995)
  • Semi-Detached
    • The average price is around £70,088 median price is £60,000 Standard Deviation is £38,998 with Total Sold: 571
    • The Last 5 Year average price is £85,679 with Total Sold: 114
    • The most recent sale happened at this postcode is , 10 HAWES ROAD: £85,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 BURDON PLACE: £25,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £595,328 median price is £225,000 Standard Deviation is £1,103,810 with Total Sold: 27
    • The Last 5 Year average price is £534,335 with Total Sold: 17
    • The most recent sale happened at this postcode is , 9 - 11 BURNHOPE WAY: £80,000 (Sold on 27 Apr 2023)
    • The first recorded sale happened at this postcode is , PETERLEE NURSING HOME WESTCOTT ROAD: £899,995 (Sold on 28 Apr 2014)
  • Flat
    • The average price is around £38,500 median price is £38,500 Standard Deviation is £3,500 with Total Sold: 2
    • The Last 5 Year average price is £42,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 74 YODEN ROAD: £42,000 (Sold on 18 Nov 2022)
    • The first recorded sale happened at this postcode is , 74 YODEN ROAD: £35,000 (Sold on 04 Mar 2010)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£65,995 £636 11
2023£66,285 £884 19
2022£80,190 £937 21
2021£69,750 £842 18
2020£71,049 £926 21
2019£63,364 £860 11
2018£57,615 £751 22
2017£61,450 £699 10
2016£78,541 £952 16
2015£82,811 £1,017 18
2014£57,431 £637 8
2013£66,030 £749 11
2012£62,990 £798 5
2011£66,600 £819 5
2010£57,500 £643 8
2009£64,532 £840 14
2008£77,556 £977 17
2007£86,333 £959 33
2006£72,102 £818 24
2005£66,884 £846 19
2004£50,015 £599 27
2003£39,812 £522 16
2002£43,424 £330 19
2001£29,788 £405 17
2000£38,505 £336 8
1999£36,747 £287 15
1998£29,112 £271 17
1997£31,698 £307 18
1996£26,531 £287 12
1995£38,625 £303 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,5001
2023£286,250 £1,772 2
2022£190,400 £1,791 10
2021£218,917 £1,938 6
2020£172,750 £1,619 4
2019£191,645 £1,912 4
2018£174,158 £1,467 6
2017£106,625 £906 4
2016£188,719 £1,649 8
2015£184,471 £1,669 14
2014£174,500 £1,453 3
2013£137,167 £943 3
2012£138,600 £1,316 5
2011£135,000 £877 1
2010£180,000 £1,837 3
2009£138,600 £1,425 5
2008£165,667 £1,423 6
2007£184,483 £1,552 3
2006£139,158 £1,342 6
2005£165,112 £1,713 5
2004£190,0001
2003£125,636 £1,397 7
2002£106,783 £683 3
2001£84,700 £488 7
2000£78,625 £535 4
1999£61,457 £282 7
1998£59,250 £481 4
1997£57,338 £547 8
1996£56,400 £605 5
1995£56,667 £492 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,042 £1,261 12
2023£86,152 £1,074 23
2022£81,662 £1,100 20
2021£90,925 £1,182 20
2020£80,171 £1,017 23
2019£80,606 £967 16
2018£68,484 £876 16
2017£100,293 £1,714 20
2016£87,207 £1,045 23
2015£101,590 £1,307 34
2014£66,397 £910 18
2013£74,393 £897 14
2012£76,143 £727 7
2011£72,000 £975 6
2010£80,392 £984 18
2009£85,921 £1,041 7
2008£93,093 £1,226 21
2007£87,447 £1,175 17
2006£77,144 £1,023 26
2005£84,679 £959 29
2004£62,991 £821 26
2003£46,865 £484 28
2002£41,624 £506 23
2001£34,528 £410 25
2000£38,062 £483 17
1999£34,714 £503 18
1998£40,018 £440 18
1997£41,678 £431 16
1996£38,783 £436 15
1995£35,113 £432 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£69,000 £763 2
2022£264,1673
2021£617,5002
2020£113,7504
2019£1,077,200 £3,080 6
2018£302,9173
2017£1,152,0972
2016£225,0002
2015£1,250,0001
2014£1,038,6002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£42,000 £627 1
2010£35,000 £522 1

House Type in SR8 1BT area

The most common house types in the SR8 1BT postcode area are Terraced (38), Detached (32), and Flat (24).

Total116
Terraced38
Detached32
Flat24
Semi-detached22
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (34), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright34
Owned: Owns with a mortgage or loan32
Social rented: Rents from council or Local Authority23
Social rented: Other social rented11
Private rented: Private landlord or letting agency10
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SR8 1BT have 2 people in household (55), and 1 person in household (38).

2 people in household55
1 person in household38
3 people in household13
4 people in household8
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0