Housing Market Analysis for ESSEX PLACE, SR8 2BW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £63,318 median price is £63,000 Standard Deviation is £10,575 with Total Sold: 11
    • The Last 5 Year average price is £67,262 with Total Sold: 4
    • The most recent sale happened at this postcode is 9 ESSEX PLACE: £78,300 (Sold on 10 Jun 2022)
    • The first recorded sale happened at this postcode is 15 ESSEX PLACE: £37,950 (Sold on 29 Jun 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 2BW 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
2022£73,150 £905 2
2020£61,375 £916 2
2017£52,550 £821 1
2015£66,000 £866 2
2006£72,000 £905 1
2005£73,000 £1,000 1
2004£59,950 £869 1
2001£37,950 £550 1

All the Sales in the ESSEX PLACE, SR8 2BW

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

AddressSold DatePrice% Change
9 ESSEX PLACETerraced, FreeholdArea: 82 Sq.mtrAge: 1950-196610 Jun 2022£78,300First Sale
11 ESSEX PLACETerraced, FreeholdArea: 79.56 Sq.mtrAge: 1950-196627 May 2022£68,000-5.56%
28 Jul 2006£72,000First Sale
15 ESSEX PLACETerraced, FreeholdArea: 69 Sq.mtrAge: 1976-198218 Dec 2020£62,7504.67%
11 Mar 2004£59,95057.97%
29 Jun 2001£37,950First Sale
3 ESSEX PLACETerraced, FreeholdArea: 65 Sq.mtrAge: 1950-196615 Dec 2020£60,000First Sale
13 ESSEX PLACETerraced, FreeholdArea: 64 Sq.mtrAge: 1950-196625 Sep 2017£52,550First Sale
5 ESSEX PLACETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-196612 Nov 2015£63,000First Sale
10 ESSEX PLACETerraced, FreeholdArea: 73 Sq.mtrAge: 1950-196608 Jan 2015£69,000-5.48%
29 Mar 2005£73,000First Sale

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

ESSEX PLACE, SR8 2BW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £70,598 median price is £66,000 Standard Deviation is £30,323 with Total Sold: 1,076
    • The Last 5 Year average price is £88,109 with Total Sold: 213
    • 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 , 10 RAMSEY CLOSE: £10,000 (Sold on 07 Feb 1995)
  • Terraced
    • The average price is around £60,596 median price is £62,000 Standard Deviation is £23,279 with Total Sold: 702
    • The Last 5 Year average price is £70,792 with Total Sold: 165
    • 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)
  • Detached
    • The average price is around £119,071 median price is £119,000 Standard Deviation is £49,872 with Total Sold: 229
    • The Last 5 Year average price is £161,998 with Total Sold: 50
    • The most recent sale happened at this postcode is , 35 WILLERBY GROVE: £242,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 45 WILLERBY GROVE: £63,950 (Sold on 18 Sep 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 £1,018,764 median price is £166,754 Standard Deviation is £1,908,466 with Total Sold: 18
    • The Last 5 Year average price is £1,250,651 with Total Sold: 8
    • The most recent sale happened at this postcode is , UNIT 2 ESSINGTON WAY: £1,248,000 (Sold on 24 Mar 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£98,583 £1,263 23
2023£89,107 £1,136 42
2022£92,866 £1,338 38
2021£87,762 £1,160 31
2020£70,681 £857 32
2019£90,339 £1,246 47
2018£85,551 £1,175 45
2017£90,492 £1,088 26
2016£82,364 £1,046 32
2015£72,692 £918 24
2014£78,574 £1,053 27
2013£66,433 £813 15
2012£71,927 £1,178 26
2011£75,526 £969 25
2010£76,086 £972 18
2009£93,095 £1,224 20
2008£92,505 £1,180 28
2007£91,071 £1,183 55
2006£86,527 £1,091 54
2005£85,427 £1,198 43
2004£74,246 £984 43
2003£57,411 £919 46
2002£47,204 £602 42
2001£46,974 £652 29
2000£43,816 £487 37
1999£42,598 £571 27
1998£37,802 £457 29
1997£43,048 £561 42
1996£45,419 £643 84
1995£41,124 £541 46
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£70,107 £668 14
2023£74,800 £943 27
2022£74,114 £934 39
2021£69,444 £891 28
2020£73,279 £938 26
2019£62,564 £759 31
2018£60,810 £841 28
2017£63,700 £900 18
2016£76,131 £961 32
2015£75,519 £948 18
2014£69,418 £953 20
2013£58,000 £732 9
2012£71,039 £1,006 15
2011£73,114 £1,120 19
2010£66,339 £844 15
2009£67,458 £748 13
2008£72,650 £833 17
2007£78,990 £1,005 54
2006£73,729 £924 36
2005£61,588 £734 26
2004£57,947 £824 36
2003£39,366 £430 40
2002£38,170 £472 30
2001£36,462 £416 20
2000£32,838 £381 17
1999£26,908 £313 13
1998£29,182 £304 14
1997£28,153 £329 22
1996£29,204 £320 14
1995£30,873 £371 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£176,3333
2023£208,000 £1,916 8
2022£198,400 £2,024 5
2021£150,166 £1,618 6
2020£168,667 £1,805 6
2019£136,450 £1,638 22
2018£135,019 £1,726 13
2017£151,892 £1,577 7
2016£156,625 £1,740 12
2015£152,283 £1,803 3
2014£137,625 £1,300 4
2013£149,222 £1,600 9
2012£111,276 £1,336 9
2011£135,112 £1,494 4
2010£146,498 £1,646 2
2009£190,000 £1,695 2
2008£106,000 £972 2
2007£168,862 £1,575 4
2006£167,000 £1,783 5
2005£164,000 £1,405 3
2004£131,000 £1,525 4
2003£129,750 £1,269 4
2002£87,325 £1,187 6
2001£83,245 £871 10
2000£72,500 £714 4
1999£58,899 £540 5
1998£60,970 £546 5
1997£72,986 £720 30
1996£70,482 £703 20
1995£66,800 £717 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,248,0001
2022£43,425 £521 4
2021£200,0001
2020£4,191,754 £56,755 2
2018£379,188 £341 4
2017£835,399 £4,221 2
2016£95,0001
2015£2,075,0002
2014£899,9951

House Type in SR8 2BW area

The most common house types in the SR8 2BW postcode area are Terraced (92), Semi-detached (15), and Detached (2).

Total109
Terraced92
Semi-detached15
Detached2
Flat0
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 (39), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright39
Owned: Owns with a mortgage or loan31
Private rented: Private landlord or letting agency17
Social rented: Other social rented12
Social rented: Rents from council or Local Authority11
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SR8 2BW have 1 person in household (41), and 2 people in household (38).

1 person in household41
2 people in household38
3 people in household18
4 people in household11
6 people in household3
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0