Housing Market Analysis for NEWARK CLOSE, SR8 2AS

Are you looking to understand SR8 2AS 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 2AS area, explore the SR8 2AS Area information page.
For comprehensive crime statistics in the SR8 2AS area, explore the SR8 2AS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SR8 2AS postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £52,513 median price is £57,495 Standard Deviation is £17,696 with Total Sold: 11
- The Last 5 Year average price is £55,482 with Total Sold: 3
- The most recent sale happened at this postcode is 28 NEWARK CLOSE: £57,495 (Sold on 30 Jun 2022)
- The first recorded sale happened at this postcode is 28 NEWARK CLOSE: £39,000 (Sold on 12 Mar 2024)
Other
- The average price is around £91,754 median price is £91,754 Standard Deviation is £41,754 with Total Sold: 2
- The Last 5 Year average price is £91,754 with Total Sold: 2
- The most recent sale happened at this postcode is 23 NEWARK CLOSE: £50,000 (Sold on 26 Apr 2022)
- The first recorded sale happened at this postcode is 17 NEWARK CLOSE: £133,507 (Sold on 14 Dec 2020)
Terraced
- The average price is around £57,740 median price is £63,000 Standard Deviation is £28,678 with Total Sold: 18
- The Last 5 Year average price is £82,502 with Total Sold: 3
- The most recent sale happened at this postcode is 5 NEWARK CLOSE: £50,000 (Sold on 28 May 2021)
- The first recorded sale happened at this postcode is 15 NEWARK CLOSE: £13,000 (Sold on 17 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 2AS 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£57,495	£873	1
2018	£66,500	£554	1
2017	£64,950	£656	1
2010	£40,000	£607	1
2005	£61,917	£687	3
2024	£54,475		2
1996	£28,000	£275	1
1995	£26,000	£266	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£50,000	£521	1
2020	£133,507	£2,023	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£57,000	£803	2
2020	£133,507	£2,023	1
2018	£74,688	£1,132	1
2016	£36,875	£461	2
2007	£72,658	£1,068	6
2006	£62,000	£833	1
2004	£15,980	£242	1
2003	£38,817	£522	3
1998	£13,000	£194	1

All the Sales in the NEWARK CLOSE, SR8 2AS

See the table below for more details on the sold house prices in the SR8 2AS, County Durham postcode.

Address	Sold Date	Price	% Change
28 NEWARK CLOSESemi-Detached, FreeholdArea: 65.88 Sq.mtrAge: 1950-1966	30 Jun 2022	£57,495	43.74%
	23 Apr 2010	£40,000	2.56%
	12 Mar 2024	£39,000	First Sale
23 NEWARK CLOSEOther, FreeholdArea: 96 Sq.mtrAge: 1950-1966	26 Apr 2022	£50,000	First Sale
5 NEWARK CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1950-1966	28 May 2021	£50,000	First Sale
38 NEWARK CLOSETerraced, FreeholdArea: 66.34 Sq.mtrAge: 1930-1949	04 Feb 2021	£64,000	-17.95%
	26 Oct 2007	£78,000	87.95%
	19 Sep 2003	£41,500	First Sale
17 NEWARK CLOSEOther, FreeholdArea: 66 Sq.mtrAge: 1950-1966	14 Dec 2020	£133,507	0.0
	01 Dec 2020	£133,507	78.75%
	22 Aug 2018	£74,688	13.16%
	11 Dec 2007	£66,000	First Sale
3 NEWARK CLOSESemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1950-1966	21 Sep 2018	£66,500	First Sale
1 NEWARK CLOSESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-1966	24 Mar 2017	£64,950	First Sale
8 NEWARK CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	27 Jul 2016	£61,750	First Sale
40 NEWARK CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	25 Apr 2016	£12,000	First Sale
16 NEWARK CLOSETerraced, FreeholdArea: 66.08 Sq.mtrAge: 1930-1949	26 Oct 2007	£74,950	369.02%
	21 Jun 2004	£15,980	First Sale
32 NEWARK CLOSETerraced, FreeholdArea: 65 Sq.mtrAge: 1950-1966	01 Oct 2007	£75,000	First Sale
7 NEWARK CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	20 Sep 2007	£75,000	First Sale
15 NEWARK CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1950-1966	19 Jan 2007	£67,000	415.38%
	17 Aug 1998	£13,000	First Sale
36 NEWARK CLOSETerraced, FreeholdArea: 74.4 Sq.mtrAge: 1950-1966	17 Nov 2006	£62,000	First Sale
21 NEWARK CLOSESemi-Detached, FreeholdArea: 97.92 Sq.mtrAge: 1950-1966	16 Aug 2005	£81,500	213.46%
	30 Jun 1995	£26,000	First Sale
27 NEWARK CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-1966	10 Jun 2005	£40,250	-42.46%
	20 May 2024	£69,950	First Sale
42 NEWARK CLOSESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1950-1966	20 Apr 2005	£64,000	128.57%
	23 Aug 1996	£28,000	First Sale
6 NEWARK CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	12 Dec 2003	£48,950	88.27%
	08 Oct 2003	£26,000	First Sale

Check out the sold house prices near the SR8 2AS postcode. Properties currently for saleProperties currently for rent

NEWARK CLOSE, SR8 2AS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SR8 2AS 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 2AS postcode.

Semi-Detached
- The average price is around £69,714 median price is £65,000 Standard Deviation is £34,932 with Total Sold: 873
- The Last 5 Year average price is £83,546 with Total Sold: 183
- The most recent sale happened at this postcode is , 21 WILLERBY GROVE: £122,500 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 73 GLOUCESTER PLACE: £26,250 (Sold on 03 Mar 1995)
Detached
- The average price is around £127,711 median price is £103,000 Standard Deviation is £61,421 with Total Sold: 207
- The Last 5 Year average price is £190,964 with Total Sold: 38
- The most recent sale happened at this postcode is , 13 WOODFIELD: £215,500 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 2 MONTFALCON CLOSE: £63,000 (Sold on 30 Jun 1995)
Terraced
- The average price is around £61,166 median price is £61,000 Standard Deviation is £24,362 with Total Sold: 670
- The Last 5 Year average price is £71,568 with Total Sold: 155
- The most recent sale happened at this postcode is , 6 DUNN ROAD: £81,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 33 KENT WALK: £32,000 (Sold on 17 Mar 1995)
Flat
- The average price is around £45,045 median price is £47,950 Standard Deviation is £15,439 with Total Sold: 21
- The Last 5 Year average price is £43,400 with Total Sold: 5
- The most recent sale happened at this postcode is , 100 ACRE RIGG ROAD: £60,000 (Sold on 18 Aug 2023)
- The first recorded sale happened at this postcode is , 43 BUCKINGHAM ROAD: £31,000 (Sold on 05 Aug 2002)
Other
- The average price is around £1,243,433 median price is £133,507 Standard Deviation is £2,345,263 with Total Sold: 15
- The Last 5 Year average price is £1,666,001 with Total Sold: 9
- The most recent sale happened at this postcode is , 38 ELLIOTT ROAD: £58,000 (Sold on 28 Feb 2023)
- The first recorded sale happened at this postcode is , PETERLEE NURSING HOME WESTCOTT ROAD: £899,995 (Sold on 28 Apr 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£103,074	£1,401	19
2023	£82,264	£990	35
2022	£85,316	£1,138	34
2021	£91,845	£1,157	31
2020	£67,825	£815	34
2019	£79,909	£976	30
2018	£67,468	£822	31
2017	£93,152	£1,411	27
2016	£82,019	£983	27
2015	£94,329	£1,206	42
2014	£66,798	£885	29
2013	£72,237	£830	19
2012	£74,532	£1,061	20
2011	£72,746	£868	17
2010	£76,422	£973	25
2009	£86,024	£1,074	18
2008	£92,693	£1,214	23
2007	£83,011	£1,034	43
2006	£84,245	£1,075	35
2005	£82,780	£974	39
2004	£75,833	£924	43
2003	£47,719	£625	36
2002	£44,659	£495	37
2001	£44,571	£493	19
2000	£38,182	£420	30
1999	£36,486	£507	21
1998	£36,496	£427	27
1997	£37,941	£444	29
1996	£40,083	£459	29
1995	£32,365	£415	24

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£228,750		2
2023	£223,650	£1,887	10
2022	£198,857	£1,874	7
2021	£194,143	£1,694	7
2020	£172,667	£1,728	6
2019	£129,271	£1,462	6
2018	£167,075	£1,540	6
2017	£123,647	£1,241	3
2016	£185,306	£1,612	9
2015	£193,961	£1,755	9
2014	£142,750	£1,360	4
2013	£152,611	£1,568	9
2012	£91,874	£1,218	4
2011	£135,112	£1,494	4
2010	£155,998	£1,646	3
2009	£190,000	£1,695	2
2008	£148,500	£736	2
2007	£172,790	£1,568	5
2006	£173,000	£1,676	6
2005	£156,000	£1,633	4
2004	£131,000	£1,525	4
2003	£125,800	£1,269	5
2002	£107,000	£1,087	5
2001	£85,533	£655	12
2000	£84,833	£729	3
1999	£58,099	£540	5
1998	£64,700	£562	7
1997	£72,585	£652	30
1996	£72,232	£705	17
1995	£68,327	£712	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£68,821	£586	14
2023	£74,898	£931	26
2022	£76,781	£947	39
2021	£69,119	£910	21
2020	£71,302	£915	29
2019	£64,173	£795	26
2018	£60,603	£797	26
2017	£65,618	£766	14
2016	£73,819	£918	27
2015	£83,983	£1,043	18
2014	£67,242	£936	18
2013	£64,417	£742	14
2012	£68,873	£857	15
2011	£71,304	£1,034	17
2010	£67,083	£829	12
2009	£68,177	£745	11
2008	£75,694	£875	18
2007	£79,545	£988	57
2006	£72,875	£918	38
2005	£61,817	£747	29
2004	£55,867	£785	37
2003	£38,709	£439	37
2002	£37,843	£434	28
2001	£36,615	£454	17
2000	£32,785	£377	17
1999	£25,691	£318	11
1998	£26,008	£274	12
1997	£25,522	£299	17
1996	£29,523	£341	13
1995	£30,596	£381	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£60,000	£1,053	1
2022	£42,000	£627	1
2021	£44,000	£578	2
2019	£27,000	£310	1
2015	£69,000	£885	1
2013	£54,000	£931	1
2012	£49,500	£958	1
2010	£35,000	£522	1
2008	£56,250	£725	2
2007	£48,400	£902	5
2006	£39,500	£597	2
2004	£47,950	£827	1
2003	£9,000	£130	1
2002	£31,000	£534	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£58,000	£763	1
2022	£57,500	£521	3
2021	£200,000		1
2020	£4,191,754	£56,755	2
2019	£3,090,000	£5,526	2
2018	£31,250	£341	2
2017	£1,349,998		1
2016	£95,000		1
2015	£1,250,000		1
2014	£899,995		1

House Type in SR8 2AS area

The most common house types in the SR8 2AS postcode area are Terraced (81), Semi-detached (50), and Detached (2).

Total	134
Terraced	81
Semi-detached	50
Detached	2
Shared house	1
Flat	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (48), and Private rented: Private landlord or letting agency (40).

Social rented: Rents from council or Local Authority	48
Private rented: Private landlord or letting agency	40
Owned: Owns with a mortgage or loan	23
Owned: Owns outright	13
Social rented: Other social rented	9
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the SR8 2AS have 1 person in household (41), and 2 people in household (39).

1 person in household	41
2 people in household	39
3 people in household	27
4 people in household	17
5 people in household	9
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0