Housing Market Analysis for WELLAND CLOSE, SR8 1HZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £53,115 median price is £56,000 Standard Deviation is £21,612 with Total Sold: 10
    • The Last 5 Year average price is £77,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 WELLAND CLOSE: £77,000 (Sold on 10 Dec 2020)
    • The first recorded sale happened at this postcode is 4 WELLAND CLOSE: £19,300 (Sold on 15 Mar 1999)
  • Semi-Detached
    • The average price is around £54,975 median price is £54,975 Standard Deviation is £22,975 with Total Sold: 2
    • The most recent sale happened at this postcode is 22 WELLAND CLOSE: £77,950 (Sold on 06 Dec 2006)
    • The first recorded sale happened at this postcode is 22 WELLAND CLOSE: £32,000 (Sold on 14 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 1HZ 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
2020£77,000 £764 1
2018£69,000 £784 1
2013£60,667 £642 3
2010£85,000 £902 1
2001£37,850 £430 1
2000£29,5001
1999£25,400 £289 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£77,950 £917 1
1995£32,000 £376 1

All the Sales in the WELLAND CLOSE, SR8 1HZ

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

AddressSold DatePrice% Change
22 WELLAND CLOSETerraced, FreeholdArea: 100.8 Sq.mtrAge: 1967-197510 Dec 2020£77,00010.00%
29 Nov 2013£70,000-10.20%
06 Dec 2006£77,950143.59%
14 Dec 1995£32,000First Sale
4 WELLAND CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1950-196610 Aug 2018£69,00082.30%
04 May 2001£37,85020.16%
12 Apr 1999£31,50063.21%
15 Mar 1999£19,300First Sale
14 WELLAND CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-196619 Jul 2013£48,000First Sale
10 WELLAND CLOSETerraced, FreeholdArea: 94.24 Sq.mtrAge: 1967-197519 Apr 2013£64,000-24.71%
08 Oct 2010£85,000First Sale
6 WELLAND CLOSETerraced, Freehold23 Jun 2000£29,500First Sale

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

WELLAND CLOSE, SR8 1HZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £74,006 median price is £66,000 Standard Deviation is £37,905 with Total Sold: 367
    • The Last 5 Year average price is £98,231 with Total Sold: 84
    • 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 £59,554 median price is £63,000 Standard Deviation is £24,994 with Total Sold: 585
    • The Last 5 Year average price is £74,278 with Total Sold: 105
    • 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 £127,784 median price is £99,950 Standard Deviation is £81,328 with Total Sold: 161
    • The Last 5 Year average price is £183,417 with Total Sold: 43
    • 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£100,316 £1,193 19
2020£111,350 £1,113 10
2019£80,708 £973 18
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£91,333 £910 6
2009£70,617 £763 6
2008£113,450 £1,285 7
2007£98,346 £1,091 13
2006£92,964 £1,033 21
2005£98,731 £1,022 13
2004£87,836 £983 14
2003£59,330 £528 16
2002£45,059 £491 11
2001£42,954 £409 14
2000£44,576 £554 21
1999£43,264 £455 11
1998£46,714 £491 11
1997£35,417 £347 23
1996£46,114 £477 11
1995£37,800 £465 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£81,916 £1,251 6
2023£74,057 £841 18
2022£82,729 £998 19
2021£72,559 £857 28
2020£66,590 £824 20
2019£74,239 £770 14
2018£61,833 £753 9
2017£68,975 £837 14
2016£68,269 £839 13
2015£71,144 £815 19
2014£67,500 £799 13
2013£68,328 £729 8
2012£74,500 £916 6
2011£67,250 £776 8
2010£78,000 £833 10
2009£74,833 £893 9
2008£81,494 £884 16
2007£79,662 £927 43
2006£75,697 £883 38
2005£76,433 £982 30
2004£67,174 £784 38
2003£47,243 £514 29
2002£38,657 £425 26
2001£33,700 £484 25
2000£31,719 £382 35
1999£31,418 £397 17
1998£28,012 £381 20
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£178,389 £1,649 9
2022£164,773 £1,555 11
2021£216,145 £1,780 10
2020£195,375 £1,523 4
2019£149,333 £1,333 6
2018£111,750 £943 4
2017£131,917 £1,209 6
2016£96,390 £998 5
2015£170,636 £1,427 7
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£174,050 £1,261 8
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£35,900 £371 10
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 1HZ area

The most common house types in the SR8 1HZ 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 1HZ 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