Housing Market Analysis for WELLAND CLOSE, SR8 1HY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £58,778 median price is £58,000 Standard Deviation is £31,905 with Total Sold: 9
    • The Last 5 Year average price is £79,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 54 WELLAND CLOSE: £58,000 (Sold on 19 May 2023)
    • The first recorded sale happened at this postcode is 72 WELLAND CLOSE: £135,000 (Sold on 12 Jan 2024)
  • Semi-Detached
    • The average price is around £48,333 median price is £46,000 Standard Deviation is £7,930 with Total Sold: 3
    • The Last 5 Year average price is £59,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 56 WELLAND CLOSE: £59,000 (Sold on 01 Sep 2020)
    • The first recorded sale happened at this postcode is 56 WELLAND CLOSE: £46,000 (Sold on 25 Oct 2013)
  • Flat
    • The average price is around £35,000 median price is £35,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 66 WELLAND CLOSE: £35,000 (Sold on 13 May 2013)
    • The first recorded sale happened at this postcode is 66 WELLAND CLOSE: £35,000 (Sold on 13 May 2013)
  • Detached
    • The average price is around £90,000 median price is £90,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 76 WELLAND CLOSE: £90,000 (Sold on 20 Dec 2005)
    • The first recorded sale happened at this postcode is 76 WELLAND CLOSE: £90,000 (Sold on 20 Dec 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 1HY 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£58,000 £677 1
2022£65,000 £657 1
2020£58,000 £838 1
2016£55,000 £556 1
2006£75,000 £1,084 1
2001£32,000 £386 2
1999£19,000 £192 1
2024£135,000 £1,298 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£59,000 £797 1
2018£40,000 £541 1
2013£46,000 £622 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£35,000 £486 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£90,000 £857 1

All the Sales in the WELLAND CLOSE, SR8 1HY

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

AddressSold DatePrice% Change
54 WELLAND CLOSETerraced, FreeholdArea: 85.72 Sq.mtrAge: 1967-197519 May 2023£58,000First Sale
62 WELLAND CLOSETerraced, FreeholdArea: 99 Sq.mtrAge: 1967-197502 Aug 2022£65,00018.18%
02 Dec 2016£55,00057.14%
23 Jul 2001£35,00084.21%
12 Mar 1999£19,000First Sale
56 WELLAND CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1976-198201 Sep 2020£59,00028.26%
25 Oct 2013£46,000First Sale
58 WELLAND CLOSETerraced, FreeholdArea: 69.2 Sq.mtrAge: 1950-196622 May 2020£58,000-22.67%
13 Apr 2006£75,000158.62%
19 Oct 2001£29,000First Sale
48 WELLAND CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1967-197518 Jun 2018£40,000First Sale
66 WELLAND CLOSEFlat, LeaseholdArea: 72 Sq.mtrAge: 1967-197513 May 2013£35,000First Sale
76 WELLAND CLOSEDetached, FreeholdArea: 105 Sq.mtrAge: 1967-197520 Dec 2005£90,000First Sale
72 WELLAND CLOSETerraced, FreeholdArea: 104 Sq.mtrAge: 1967-197512 Jan 2024£135,000First Sale

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

WELLAND CLOSE, SR8 1HY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £75,741 median price is £66,500 Standard Deviation is £39,653 with Total Sold: 377
    • The Last 5 Year average price is £104,879 with Total Sold: 93
    • The most recent sale happened at this postcode is , 26 DINTING CLOSE: £175,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 11 SHREWSBURY CLOSE: £51,750 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £59,762 median price is £63,000 Standard Deviation is £25,086 with Total Sold: 601
    • The Last 5 Year average price is £74,717 with Total Sold: 114
    • The most recent sale happened at this postcode is , 5 LEVEN WALK: £39,995 (Sold on 11 Jul 2024)
    • The first recorded sale happened at this postcode is , 42 TREVELYAN PLACE: £29,000 (Sold on 13 Apr 1995)
  • Detached
    • The average price is around £141,748 median price is £116,000 Standard Deviation is £83,630 with Total Sold: 184
    • The Last 5 Year average price is £200,425 with Total Sold: 67
    • 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 £49,317 median price is £47,995 Standard Deviation is £17,676 with Total Sold: 37
    • The Last 5 Year average price is £45,000 with Total Sold: 6
    • 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 , 132 HELFORD ROAD: £12,000 (Sold on 26 Jun 1998)
  • Other
    • The average price is around £109,300 median price is £63,250 Standard Deviation is £104,487 with Total Sold: 6
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,216 £1,490 8
2023£104,392 £1,223 19
2022£99,400 £1,123 10
2021£111,523 £1,372 26
2020£129,015 £1,463 13
2019£82,221 £1,000 17
2018£87,595 £1,045 10
2017£80,417 £965 12
2016£82,939 £926 9
2015£70,550 £826 9
2014£98,639 £1,116 9
2013£59,333 £675 6
2012£63,200 £738 10
2011£73,643 £834 7
2010£83,600 £919 5
2009£70,617 £763 6
2008£107,358 £1,346 6
2007£97,893 £1,091 14
2006£92,600 £1,017 22
2005£96,036 £981 14
2004£87,013 £974 15
2003£55,948 £521 15
2002£45,059 £491 11
2001£42,423 £409 15
2000£44,576 £554 21
1999£43,264 £455 11
1998£45,635 £517 10
1997£35,255 £346 22
1996£44,771 £452 12
1995£37,800 £465 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£81,642 £1,251 7
2023£76,500 £870 16
2022£81,854 £965 25
2021£71,712 £842 29
2020£67,689 £886 23
2019£74,239 £770 14
2018£58,873 £717 11
2017£68,725 £847 14
2016£69,107 £842 14
2015£70,597 £821 18
2014£68,875 £815 12
2013£68,958 £740 9
2012£74,500 £916 6
2011£65,714 £759 7
2010£78,909 £839 11
2009£75,688 £914 8
2008£81,494 £884 16
2007£80,662 £930 46
2006£76,132 £897 38
2005£78,039 £1,015 27
2004£66,256 £761 38
2003£47,566 £521 31
2002£38,485 £426 25
2001£34,385 £494 26
2000£31,351 £379 36
1999£31,476 £397 19
1998£28,179 £381 21
1997£26,890 £331 21
1996£31,218 £400 22
1995£26,423 £288 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,000 £2,772 3
2023£177,500 £1,640 11
2022£177,000 £1,696 11
2021£225,383 £2,016 26
2020£214,300 £1,901 10
2019£149,333 £1,333 6
2018£111,750 £943 4
2017£131,917 £1,209 6
2016£96,390 £998 5
2015£159,300 £1,365 8
2014£122,000 £1,235 6
2013£84,825 £1,136 6
2012£136,000 £1,813 1
2011£173,500 £1,339 2
2010£137,000 £1,151 3
2009£132,200 £1,092 5
2008£156,633 £973 3
2007£170,512 £876 4
2006£187,207 £1,318 7
2005£117,625 £803 8
2004£96,214 £902 7
2003£128,167 £812 6
2002£215,000 £927 1
2001£59,100 £711 4
2000£52,400 £545 3
1999£52,742 £494 6
1998£36,444 £372 9
1997£54,900 £492 5
1996£57,200 £421 5
1995£67,6673
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£45,0001
2021£42,667 £707 3
2020£48,500 £716 2
2016£39,999 £702 1
2013£35,000 £486 1
2011£65,000 £878 1
2010£59,950 £808 1
2008£58,333 £1,052 3
2007£61,167 £1,263 3
2006£59,667 £954 6
2005£66,980 £980 5
2004£42,079 £598 5
2003£12,250 £175 2
2002£28,250 £388 2
1998£12,000 £211 1
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
2014£185,0001

House Type in SR8 1HY area

The most common house types in the SR8 1HY postcode area are Semi-detached (53), Terraced (43), and Detached (20).

Total135
Semi-detached53
Terraced43
Detached20
Flat19
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 (37), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright37
Owned: Owns with a mortgage or loan32
Social rented: Other social rented27
Social rented: Rents from council or Local Authority23
Private rented: Private landlord or letting agency15
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the SR8 1HY have 1 person in household (61), and 2 people in household (47).

1 person in household61
2 people in household47
3 people in household16
4 people in household8
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0