Housing Market Analysis for SEVERN CLOSE, SR8 1JU

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £68,163 median price is £77,000 Standard Deviation is £21,127 with Total Sold: 4
    • The Last 5 Year average price is £86,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 SEVERN CLOSE: £86,000 (Sold on 28 Jan 2022)
    • The first recorded sale happened at this postcode is 12 SEVERN CLOSE: £32,652 (Sold on 02 May 2003)
  • Terraced
    • The average price is around £68,375 median price is £76,000 Standard Deviation is £21,455 with Total Sold: 4
    • The most recent sale happened at this postcode is 9 SEVERN CLOSE: £78,500 (Sold on 27 Mar 2015)
    • The first recorded sale happened at this postcode is 4 SEVERN CLOSE: £32,500 (Sold on 08 Feb 2002)
  • Flat
    • The average price is around £12,000 median price is £12,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 SEVERN CLOSE: £12,000 (Sold on 13 Jun 2003)
    • The first recorded sale happened at this postcode is 7 SEVERN CLOSE: £12,000 (Sold on 13 Jun 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 1JU 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£86,000 £1,036 1
2018£82,000 £988 1
2012£72,000 £802 1
2003£32,652 £371 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£78,500 £874 1
2006£89,000 £991 1
2005£73,500 £808 1
2002£32,500 £357 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£12,000 £130 1

All the Sales in the SEVERN CLOSE, SR8 1JU

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

AddressSold DatePrice% Change
10 SEVERN CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1976-198228 Jan 2022£86,0004.88%
05 Jan 2018£82,000First Sale
9 SEVERN CLOSETerraced, FreeholdArea: 89.78 Sq.mtrAge: 1950-196627 Mar 2015£78,5009.03%
24 May 2012£72,000First Sale
5 SEVERN CLOSETerraced, FreeholdArea: 89.8 Sq.mtrAge: 1950-196622 Sep 2006£89,000First Sale
4 SEVERN CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1950-196618 Mar 2005£73,500126.15%
08 Feb 2002£32,500First Sale
7 SEVERN CLOSEFlat, FreeholdArea: 92 Sq.mtrAge: 1967-197513 Jun 2003£12,000First Sale
12 SEVERN CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1967-197502 May 2003£32,652First Sale

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

SEVERN CLOSE, SR8 1JU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £59,886 median price is £63,000 Standard Deviation is £25,573 with Total Sold: 453
    • The Last 5 Year average price is £76,839 with Total Sold: 82
    • 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 £79,677 median price is £69,750 Standard Deviation is £42,063 with Total Sold: 476
    • The Last 5 Year average price is £114,610 with Total Sold: 99
    • 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 £164,101 median price is £164,400 Standard Deviation is £89,331 with Total Sold: 360
    • The Last 5 Year average price is £223,419 with Total Sold: 101
    • 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 £43,266 median price is £42,950 Standard Deviation is £17,372 with Total Sold: 83
    • The Last 5 Year average price is £49,000 with Total Sold: 8
    • 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 £127,234 median price is £66,500 Standard Deviation is £119,175 with Total Sold: 7
    • The Last 5 Year average price is £84,927 with Total Sold: 5
    • 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£92,199 £1,454 5
2023£75,115 £933 13
2022£87,257 £1,101 15
2021£72,010 £891 20
2020£70,285 £953 17
2019£76,617 £827 12
2018£58,167 £792 9
2017£67,633 £904 9
2016£70,688 £837 8
2015£65,566 £803 12
2014£65,188 £793 8
2013£62,938 £684 6
2012£74,600 £927 5
2011£60,667 £736 3
2010£77,000 £829 7
2009£73,300 £973 5
2008£78,063 £942 15
2007£80,193 £906 36
2006£76,887 £885 35
2005£76,807 £1,001 23
2004£67,706 £811 28
2003£47,022 £510 24
2002£39,614 £432 21
2001£34,135 £524 20
2000£30,129 £393 24
1999£31,773 £397 15
1998£31,908 £446 18
1997£27,017 £322 15
1996£31,926 £418 19
1995£23,825 £242 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£93,0455
2023£124,322 £1,628 20
2022£112,231 £1,510 13
2021£123,411 £1,548 27
2020£120,947 £1,498 15
2019£94,182 £1,256 19
2018£101,966 £1,348 16
2017£101,356 £1,334 16
2016£95,064 £1,035 7
2015£79,223 £1,034 11
2014£103,929 £1,201 7
2013£77,583 £1,105 6
2012£94,065 £1,152 13
2011£89,214 £1,273 7
2010£87,464 £1,066 6
2009£83,893 £1,010 7
2008£106,093 £1,336 7
2007£103,104 £1,365 24
2006£97,873 £1,367 26
2005£98,000 £1,169 11
2004£92,512 £1,261 16
2003£68,379 £971 27
2002£49,858 £620 20
2001£45,624 £613 23
2000£48,048 £628 23
1999£42,747 £597 22
1998£39,975 £572 18
1997£39,838 £457 24
1996£43,603 £600 16
1995£41,912 £562 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,6673
2023£217,115 £1,905 17
2022£214,997 £1,936 16
2021£235,512 £2,016 37
2020£244,567 £2,023 15
2019£180,154 £1,620 13
2018£210,000 £1,695 13
2017£192,437 £1,551 8
2016£167,259 £1,492 11
2015£188,744 £1,615 8
2014£184,375 £1,450 8
2013£126,645 £1,368 10
2012£226,167 £1,772 3
2011£211,500 £1,548 8
2010£170,375 £1,557 4
2009£174,250 £1,231 8
2008£222,190 £1,742 10
2007£199,373 £1,396 11
2006£203,312 £1,534 12
2005£169,714 £1,132 14
2004£160,462 £1,534 13
2003£142,100 £949 15
2002£168,658 £831 6
2001£87,492 £637 12
2000£87,786 £817 11
1999£75,112 £633 13
1998£66,716 £604 16
1997£68,719 £627 16
1996£76,850 £520 14
1995£67,283 £569 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£45,0001
2023£65,000 £1,548 1
2022£46,000 £1,045 1
2021£43,500 £595 2
2020£42,000 £525 1
2019£53,500 £1,260 2
2017£40,0001
2016£58,000 £973 2
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£66,667 £1,157 3
2007£65,290 £1,432 5
2006£61,625 £818 4
2005£67,121 £1,279 7
2004£47,692 £922 7
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£159,918 £1,362 2
2019£19,150 £409 2
2017£281,0001
2014£185,0001

House Type in SR8 1JU area

The most common house types in the SR8 1JU postcode area are Detached (49), Terraced (45), and Semi-detached (34).

Total132
Detached49
Terraced45
Semi-detached34
Flat4
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 with a mortgage or loan (34), and Owned: Owns outright (32).

Owned: Owns with a mortgage or loan34
Owned: Owns outright32
Social rented: Rents from council or Local Authority25
Private rented: Private landlord or letting agency21
Social rented: Other social rented13
Private rented: Other private rented4
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the SR8 1JU have 1 person in household (43), and 2 people in household (31).

1 person in household43
2 people in household31
3 people in household24
4 people in household24
5 people in household5
6 people in household2
7 people in household2
0 people in household0
8 or more people in household0