Housing Market Analysis for WESTMORLAND RISE, SR8 2ER

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £45,107 median price is £45,000 Standard Deviation is £17,816 with Total Sold: 15
    • The Last 5 Year average price is £60,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 96 WESTMORLAND RISE: £85,000 (Sold on 23 Jun 2022)
    • The first recorded sale happened at this postcode is 99 WESTMORLAND RISE: £36,000 (Sold on 12 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 2ER 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£85,000 £1,000 1
2018£45,000 £682 1
2017£46,000 £561 1
2015£52,000 £718 3
2006£64,0001
2004£69,450 £1,158 1
2003£34,975 £511 2
2002£28,500 £335 1
2000£20,950 £255 1
1999£22,250 £337 1
1996£33,5001
2024£36,0001

All the Sales in the WESTMORLAND RISE, SR8 2ER

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

AddressSold DatePrice% Change
96 WESTMORLAND RISETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196623 Jun 2022£85,000198.25%
16 Jul 2002£28,500First Sale
87 WESTMORLAND RISETerraced, FreeholdArea: 66 Sq.mtrAge: 1967-197524 Aug 2018£45,000102.25%
08 Oct 1999£22,250First Sale
97 WESTMORLAND RISETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-197519 Apr 2017£46,00043.97%
24 Jan 2003£31,95052.51%
22 Sep 2000£20,950First Sale
99 WESTMORLAND RISETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-196618 May 2015£45,00025.00%
12 Jan 2024£36,000First Sale
102 WESTMORLAND RISETerraced, FreeholdArea: 60 Sq.mtrAge: 1950-196623 Apr 2015£65,000-6.41%
16 Sep 2004£69,45082.76%
18 Dec 2003£38,000First Sale
107 WESTMORLAND RISETerraced, FreeholdArea: 83 Sq.mtrAge: 1983-199027 Mar 2015£46,000First Sale
91 WESTMORLAND RISETerraced, Freehold21 Jul 2006£64,000First Sale
92 WESTMORLAND RISETerraced, Freehold17 May 1996£33,500First Sale

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

WESTMORLAND RISE, SR8 2ER Near By properties

Interactive Map

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

  • Detached
    • The average price is around £104,914 median price is £78,950 Standard Deviation is £57,658 with Total Sold: 79
    • The Last 5 Year average price is £120,187 with Total Sold: 8
    • The most recent sale happened at this postcode is , 28 WESTMORLAND RISE: £79,500 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 23 GARSIDE GROVE: £56,500 (Sold on 22 Sep 1995)
  • Semi-Detached
    • The average price is around £74,009 median price is £61,000 Standard Deviation is £31,533 with Total Sold: 447
    • The Last 5 Year average price is £98,929 with Total Sold: 48
    • The most recent sale happened at this postcode is , 26 GARSIDE GROVE: £172,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 112 WESTMORLAND RISE: £45,000 (Sold on 31 Jan 1995)
  • Terraced
    • The average price is around £62,423 median price is £64,995 Standard Deviation is £23,408 with Total Sold: 469
    • The Last 5 Year average price is £72,455 with Total Sold: 110
    • The most recent sale happened at this postcode is , 47 LAYBURN PLACE: £90,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 26 LANCASTER HILL: £24,000 (Sold on 25 Jan 1995)
  • Flat
    • The average price is around £46,309 median price is £48,725 Standard Deviation is £15,778 with Total Sold: 16
    • The Last 5 Year average price is £47,333 with Total Sold: 3
    • 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 , 29 WESTMORLAND RISE: £29,000 (Sold on 16 Jul 1998)
  • Other
    • The average price is around £761,540 median price is £250,000 Standard Deviation is £1,642,498 with Total Sold: 17
    • The Last 5 Year average price is £152,700 with Total Sold: 6
    • The most recent sale happened at this postcode is UNIT 3, 5A MILL HILL: £195,000 (Sold on 03 Oct 2022)
    • The first recorded sale happened at this postcode is , 28 LISTER ROAD: £450,000 (Sold on 05 Mar 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£79,5001
2021£120,125 £1,489 4
2020£156,500 £1,981 1
2019£122,500 £1,282 2
2018£107,500 £1,296 2
2017£162,870 £1,681 5
2016£130,433 £1,493 15
2015£118,170 £1,051 5
2014£94,500 £971 3
2012£147,000 £1,552 2
2008£145,000 £1,208 1
2007£106,8502
2006£114,776 £2,303 2
2005£121,000 £938 2
2004£43,000 £652 1
2003£124,562 £731 2
2002£106,408 £565 6
2001£66,000 £776 2
2000£63,167 £638 3
1999£67,5001
1998£75,738 £264 4
1997£55,666 £723 6
1996£53,925 £540 4
1995£56,667 £667 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£136,000 £1,541 3
2023£109,000 £1,404 7
2022£115,389 £1,622 9
2021£77,108 £1,034 10
2020£105,000 £1,482 5
2019£88,786 £1,255 14
2018£87,333 £1,149 6
2017£110,396 £1,396 13
2016£98,708 £1,269 19
2015£96,856 £1,273 8
2014£106,400 £1,432 10
2013£77,667 £1,088 3
2012£69,417 £864 6
2011£78,694 £1,065 9
2010£88,862 £1,309 4
2009£112,750 £1,306 4
2008£101,500 £1,324 8
2007£106,964 £1,593 25
2006£105,516 £1,441 24
2005£93,706 £1,400 23
2004£80,036 £1,191 14
2003£73,295 £1,205 19
2002£58,729 £853 14
2001£47,990 £728 20
2000£49,100 £600 19
1999£48,960 £656 15
1998£43,143 £634 16
1997£47,084 £682 25
1996£47,901 £698 64
1995£46,015 £659 31
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£65,585 £882 8
2023£72,240 £901 21
2022£76,222 £933 18
2021£73,996 £868 27
2020£75,728 £887 18
2019£66,406 £817 18
2018£60,156 £767 17
2017£59,086 £685 11
2016£80,990 £1,005 25
2015£74,344 £888 17
2014£71,831 £867 18
2013£55,000 £773 6
2012£78,433 £813 9
2011£69,744 £756 9
2010£65,550 £764 12
2009£56,500 £615 2
2008£80,672 £928 18
2007£78,332 £969 32
2006£77,211 £937 23
2005£77,154 £870 13
2004£61,828 £753 23
2003£47,020 £594 22
2002£35,510 £361 20
2001£33,455 £367 22
2000£31,482 £346 11
1999£30,173 £357 11
1998£31,627 £375 11
1997£32,656 £492 8
1996£30,036 £328 11
1995£28,875 £383 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£60,000 £1,053 1
2021£55,000 £666 1
2019£27,000 £310 1
2018£30,000 £448 1
2015£28,000 £566 2
2013£54,000 £931 1
2012£49,500 £958 1
2008£49,500 £450 1
2007£69,000 £1,244 3
2004£47,950 £827 1
2002£38,000 £534 2
1998£29,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£92,0673
2021£250,0002
2019£140,0001
2018£319,035 £341 5
2016£2,699,6003
2015£778,6673

House Type in SR8 2ER area

The most common house types in the SR8 2ER postcode area are Terraced (80), Semi-detached (16), and Flat (9).

Total114
Terraced80
Semi-detached16
Flat9
Detached8
converted building1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (30), and Owned: Owns outright (29).

Social rented: Rents from council or Local Authority30
Owned: Owns outright29
Owned: Owns with a mortgage or loan25
Private rented: Private landlord or letting agency20
Social rented: Other social rented10
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 2ER have 1 person in household (42), and 2 people in household (41).

1 person in household42
2 people in household41
3 people in household19
4 people in household12
5 people in household2
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0