Housing Market Analysis for SEVERN CLOSE, SR8 1JY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £45,006 median price is £34,200 Standard Deviation is £20,993 with Total Sold: 9
    • The Last 5 Year average price is £85,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 SEVERN CLOSE: £85,000 (Sold on 15 May 2023)
    • The first recorded sale happened at this postcode is 29 SEVERN CLOSE: £29,000 (Sold on 03 May 1996)
  • Detached
    • The average price is around £80,650 median price is £80,450 Standard Deviation is £14,955 with Total Sold: 6
    • The Last 5 Year average price is £93,800 with Total Sold: 3
    • The most recent sale happened at this postcode is 21 SEVERN CLOSE: £105,000 (Sold on 01 Dec 2022)
    • The first recorded sale happened at this postcode is 21 SEVERN CLOSE: £62,000 (Sold on 08 May 2009)
  • Semi-Detached
    • The average price is around £74,136 median price is £74,000 Standard Deviation is £21,665 with Total Sold: 9
    • The Last 5 Year average price is £102,612 with Total Sold: 2
    • The most recent sale happened at this postcode is 23 SEVERN CLOSE: £105,000 (Sold on 09 Feb 2022)
    • The first recorded sale happened at this postcode is 23 SEVERN CLOSE: £100,224 (Sold on 18 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 1JY 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£85,000 £817 1
2017£56,750 £652 1
2009£67,500 £649 1
2002£56,950 £655 1
2000£29,000 £315 1
1998£34,200 £393 1
1997£23,325 £240 2
1996£29,000 £315 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£95,200 £1,056 2
2019£91,000 £1,008 1
2017£75,500 £836 1
2014£65,000 £722 1
2009£62,000 £686 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£105,000 £1,207 1
2015£70,333 £778 3
2007£93,000 £1,069 1
2006£75,000 £862 1
1996£42,000 £467 1
1995£41,000 £471 1
2024£100,2241

All the Sales in the SEVERN CLOSE, SR8 1JY

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

AddressSold DatePrice% Change
22 SEVERN CLOSETerraced, FreeholdArea: 104 Sq.mtrAge: 1967-197515 May 2023£85,00025.93%
18 Mar 2009£67,500221.43%
24 Jan 1997£21,000First Sale
21 SEVERN CLOSEDetached, FreeholdArea: 90.32 Sq.mtrAge: 1967-197501 Dec 2022£105,00015.38%
14 Jun 2019£91,00020.53%
18 Apr 2017£75,50021.77%
08 May 2009£62,000First Sale
32 SEVERN CLOSEDetached, FreeholdArea: 90 Sq.mtrAge: 1991-199530 Sep 2022£85,40031.38%
17 Nov 2014£65,00054.76%
03 Jul 1996£42,000First Sale
23 SEVERN CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1967-197509 Feb 2022£105,00012.90%
20 Jul 2007£93,000126.83%
30 Jun 1995£41,000-59.09%
18 Jun 2024£100,224First Sale
28 SEVERN CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1976-198201 Feb 2017£56,750-0.35%
08 Nov 2002£56,95066.52%
09 Jun 1998£34,200First Sale
31 SEVERN CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-196612 Aug 2015£64,000-14.67%
24 Nov 2006£75,000First Sale
29 SEVERN CLOSESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-196624 Jul 2015£73,000151.72%
31 Mar 2000£29,00013.06%
25 Apr 1997£25,650-11.55%
03 May 1996£29,000First Sale
27 SEVERN CLOSESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1976-198210 Apr 2015£74,000First Sale

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

SEVERN CLOSE, SR8 1JY Near By properties

Interactive Map

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

  • Detached
    • The average price is around £161,201 median price is £157,450 Standard Deviation is £87,214 with Total Sold: 451
    • The Last 5 Year average price is £229,527 with Total Sold: 106
    • The most recent sale happened at this postcode is , 23 EGREMONT GROVE: £325,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 10 DORMAND DRIVE: £66,500 (Sold on 26 Jan 1995)
  • Terraced
    • The average price is around £58,258 median price is £59,975 Standard Deviation is £25,353 with Total Sold: 254
    • The Last 5 Year average price is £72,584 with Total Sold: 51
    • 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 £88,061 median price is £78,500 Standard Deviation is £45,593 with Total Sold: 452
    • The Last 5 Year average price is £130,650 with Total Sold: 89
    • The most recent sale happened at this postcode is , 41 BROUGHAM COURT: £120,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 37 LINDISFARNE: £36,500 (Sold on 09 Jan 1995)
  • Flat
    • The average price is around £43,505 median price is £42,950 Standard Deviation is £18,788 with Total Sold: 53
    • The Last 5 Year average price is £44,667 with Total Sold: 3
    • 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 GROUND FLOOR FLAT, 11 LINDISFARNE: £30,125 (Sold on 21 Feb 1996)
  • Other
    • The average price is around £129,454 median price is £105,750 Standard Deviation is £111,632 with Total Sold: 8
    • The Last 5 Year average price is £94,939 with Total Sold: 6
    • 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£342,5002
2023£231,059 £2,119 16
2022£229,556 £2,159 17
2021£237,149 £2,022 40
2020£239,139 £2,008 18
2019£173,462 £1,633 13
2018£233,550 £1,793 19
2017£187,240 £1,610 10
2016£158,814 £1,390 14
2015£209,250 £1,773 8
2014£203,431 £1,599 8
2013£144,112 £1,453 13
2012£183,350 £1,744 7
2011£202,444 £1,721 9
2010£178,575 £1,801 6
2009£170,000 £1,298 9
2008£223,805 £1,778 11
2007£191,544 £1,562 16
2006£212,486 £1,703 14
2005£168,400 £1,132 15
2004£162,500 £1,504 14
2003£132,977 £965 22
2002£148,418 £821 13
2001£88,661 £734 18
2000£85,700 £738 18
1999£87,850 £666 21
1998£73,139 £665 18
1997£75,738 £632 25
1996£76,575 £575 18
1995£64,615 £579 19
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,998 £1,298 3
2023£68,350 £740 10
2022£86,612 £1,005 8
2021£65,704 £809 12
2020£67,506 £941 9
2019£72,933 £839 9
2018£55,800 £726 5
2017£62,124 £709 6
2016£67,750 £696 4
2015£59,214 £682 7
2014£56,900 £643 5
2013£62,938 £684 6
2012£72,750 £801 4
2011£57,500 £724 2
2010£79,000 £843 4
2009£69,000 £845 3
2008£75,244 £961 8
2007£80,452 £908 22
2006£75,862 £850 17
2005£72,509 £800 11
2004£66,050 £730 13
2003£44,051 £463 13
2002£40,019 £433 13
2001£32,528 £398 9
2000£28,327 £319 13
1999£30,744 £351 9
1998£31,832 £380 11
1997£22,129 £235 7
1996£29,481 £330 8
1995£25,983 £277 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£119,3117
2023£148,091 £2,196 11
2022£139,469 £1,789 16
2021£138,040 £1,789 26
2020£127,836 £1,563 14
2019£103,563 £1,474 15
2018£112,068 £1,383 14
2017£111,512 £1,483 16
2016£94,636 £1,190 7
2015£84,656 £1,170 9
2014£122,942 £1,421 13
2013£99,062 £1,386 8
2012£106,296 £1,293 13
2011£102,875 £1,480 8
2010£110,660 £1,466 8
2009£90,958 £1,111 6
2008£115,600 £1,185 5
2007£116,839 £1,653 19
2006£105,985 £1,337 20
2005£104,612 £1,286 13
2004£93,940 £1,204 20
2003£72,258 £948 21
2002£53,828 £761 18
2001£47,670 £632 30
2000£53,913 £710 19
1999£46,305 £601 18
1998£42,764 £587 14
1997£43,825 £539 22
1996£44,936 £633 14
1995£44,602 £545 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£45,0001
2022£46,000 £1,045 1
2021£43,0001
2017£40,0001
2014£49,000 £924 1
2013£35,000 £486 1
2012£45,000 £849 1
2010£59,950 £808 1
2008£62,500 £1,078 2
2007£68,375 £1,533 4
2006£61,625 £818 4
2005£70,379 £1,061 5
2004£47,692 £922 7
2003£22,875 £491 4
2002£34,238 £548 4
2001£27,000 £648 3
2000£24,333 £533 3
1999£26,333 £558 3
1998£18,000 £392 2
1997£30,000 £556 1
1996£28,208 £668 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£66,5001
2022£145,000 £2,307 1
2021£159,918 £1,362 2
2019£19,150 £409 2
2017£281,0001
2014£185,0001

House Type in SR8 1JY area

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