Housing Market Analysis for MEDWAY CLOSE, SR8 1EZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £62,125 median price is £65,000 Standard Deviation is £17,792 with Total Sold: 4
    • The Last 5 Year average price is £71,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 MEDWAY CLOSE: £84,000 (Sold on 27 Feb 2023)
    • The first recorded sale happened at this postcode is 6 MEDWAY CLOSE: £34,500 (Sold on 17 Jul 2001)
  • Detached
    • The average price is around £87,238 median price is £100,500 Standard Deviation is £39,564 with Total Sold: 4
    • The most recent sale happened at this postcode is 12 MEDWAY CLOSE: £120,000 (Sold on 22 Jan 2010)
    • The first recorded sale happened at this postcode is 12 MEDWAY CLOSE: £25,000 (Sold on 09 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 1EZ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£84,000 £977 1
2021£67,000 £944 1
2020£63,000 £887 1
2001£34,500 £486 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£120,000 £833 1
2008£122,950 £854 1
2004£81,000 £562 1
1998£25,000 £174 1

All the Sales in the MEDWAY CLOSE, SR8 1EZ

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

AddressSold DatePrice% Change
4 MEDWAY CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-196627 Feb 2023£84,000First Sale
6 MEDWAY CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-197519 Nov 2021£67,0006.35%
15 Jan 2020£63,00082.61%
17 Jul 2001£34,500First Sale
12 MEDWAY CLOSEDetached, FreeholdArea: 144 Sq.mtrAge: 1967-197522 Jan 2010£120,000-2.40%
05 Sep 2008£122,95051.79%
15 Sep 2004£81,000224.00%
09 Jan 1998£25,000First Sale

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

MEDWAY CLOSE, SR8 1EZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £59,654 median price is £63,000 Standard Deviation is £25,165 with Total Sold: 530
    • The Last 5 Year average price is £75,551 with Total Sold: 102
    • The most recent sale happened at this postcode is , 94 SUNNY BLUNTS: £97,999 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 106 SUNNY BLUNTS: £28,750 (Sold on 24 Feb 1995)
  • Semi-Detached
    • The average price is around £76,429 median price is £67,500 Standard Deviation is £39,260 with Total Sold: 521
    • The Last 5 Year average price is £107,158 with Total Sold: 120
    • The most recent sale happened at this postcode is , 32 OAKERSIDE DRIVE: £85,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 37 LINDISFARNE: £36,500 (Sold on 09 Jan 1995)
  • Detached
    • The average price is around £141,755 median price is £120,000 Standard Deviation is £82,904 with Total Sold: 196
    • The Last 5 Year average price is £202,098 with Total Sold: 71
    • The most recent sale happened at this postcode is , 14 GIRTON CLOSE: £132,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 7 GIRTON CLOSE: £70,000 (Sold on 05 Jan 1995)
  • Flat
    • The average price is around £44,012 median price is £43,000 Standard Deviation is £16,805 with Total Sold: 93
    • The Last 5 Year average price is £48,800 with Total Sold: 10
    • The most recent sale happened at this postcode is , 29 SUNNY BLUNTS: £45,000 (Sold on 26 Mar 2024)
    • The first recorded sale happened at this postcode is , 72 LINDISFARNE: £28,900 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £133,829 median price is £66,500 Standard Deviation is £113,876 with Total Sold: 7
    • The Last 5 Year average price is £102,700 with Total Sold: 4
    • The most recent sale happened at this postcode is , HEARTS OF OAK OAKERSIDE DRIVE: £66,500 (Sold on 17 Jul 2023)
    • The first recorded sale happened at this postcode is , 37 OAKERSIDE DRIVE: £185,000 (Sold on 29 Sep 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£89,499 £1,251 6
2023£72,500 £871 16
2022£84,707 £1,035 21
2021£70,783 £868 27
2020£70,255 £936 19
2019£75,723 £826 13
2018£58,167 £792 9
2017£69,511 £854 13
2016£65,850 £832 10
2015£67,120 £795 15
2014£64,350 £776 10
2013£62,938 £684 6
2012£74,600 £927 5
2011£60,250 £732 4
2010£76,667 £821 9
2009£73,562 £898 8
2008£78,063 £942 15
2007£79,547 £907 41
2006£77,069 £886 37
2005£77,002 £1,006 27
2004£66,489 £792 34
2003£46,644 £512 28
2002£38,280 £415 24
2001£33,461 £510 23
2000£30,743 £390 27
1999£31,506 £397 16
1998£30,272 £400 23
1997£26,922 £330 16
1996£31,400 £406 20
1995£24,675 £258 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£91,103 £1,490 7
2023£115,873 £1,510 24
2022£105,600 £1,415 15
2021£117,034 £1,453 32
2020£114,011 £1,371 18
2019£85,790 £1,153 24
2018£94,697 £1,321 15
2017£96,783 £1,307 15
2016£84,883 £1,011 9
2015£78,450 £1,018 12
2014£95,844 £1,201 8
2013£72,312 £980 8
2012£81,850 £1,074 14
2011£83,550 £1,053 10
2010£87,464 £1,066 6
2009£80,281 £952 8
2008£106,093 £1,336 7
2007£98,109 £1,311 23
2006£91,216 £1,318 29
2005£94,038 £1,112 13
2004£86,733 £1,176 18
2003£64,121 £889 29
2002£48,960 £618 21
2001£45,624 £613 23
2000£44,280 £596 27
1999£42,747 £597 22
1998£40,076 £572 17
1997£38,004 £427 26
1996£43,274 £576 17
1995£40,962 £553 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,0002
2023£199,727 £1,936 11
2022£177,000 £1,696 11
2021£220,412 £2,018 29
2020£222,556 £1,935 9
2019£162,222 £1,459 9
2018£133,400 £1,326 5
2017£138,699 £1,357 5
2016£110,907 £1,193 7
2015£181,390 £1,289 5
2014£108,000 £1,288 4
2013£83,325 £1,085 6
2011£162,500 £1,542 2
2010£137,000 £1,151 3
2009£132,200 £1,092 5
2008£158,380 £1,199 5
2007£171,508 £1,242 6
2006£187,350 £1,496 7
2005£109,429 £803 7
2004£115,000 £1,100 5
2003£127,143 £890 7
2002£215,000 £927 1
2001£57,190 £625 5
2000£60,925 £851 4
1999£52,742 £494 6
1998£42,245 £463 10
1997£56,688 £530 8
1996£58,625 £421 4
1995£65,906 £620 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£45,0001
2023£65,000 £1,548 1
2022£46,000 £1,045 1
2021£42,667 £707 3
2020£48,500 £716 2
2019£53,500 £1,260 2
2017£40,0001
2016£52,000 £883 3
2014£49,000 £924 1
2013£41,005 £655 2
2012£45,000 £849 1
2011£65,000 £878 1
2010£59,950 £808 1
2008£62,500 £1,118 4
2007£64,064 £1,364 7
2006£59,667 £954 6
2005£64,356 £1,184 8
2004£46,418 £839 8
2003£33,975 £704 8
2002£35,317 £706 6
2001£27,375 £611 4
2000£24,500 £558 4
1999£26,788 £592 8
1998£20,983 £475 3
1997£30,000 £556 1
1996£27,406 £553 4
1995£28,700 £667 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£66,5001
2021£306,000 £2,661 1
2019£19,150 £409 2
2018£60,000 £789 1
2017£281,0001
2014£185,0001

House Type in SR8 1EZ area

The most common house types in the SR8 1EZ postcode area are Semi-detached (46), Terraced (38), and Flat (28).

Total142
Semi-detached46
Terraced38
Flat28
Detached24
Shared house4
converted building1
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (58), and Social rented: Other social rented (24).

Social rented: Rents from council or Local Authority58
Social rented: Other social rented24
Private rented: Private landlord or letting agency22
Owned: Owns outright19
Owned: Owns with a mortgage or loan17
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SR8 1EZ have 1 person in household (74), and 2 people in household (36).

1 person in household74
2 people in household36
3 people in household13
4 people in household13
5 people in household4
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0