Housing Market Analysis for WESTMORLAND RISE, SR8 2ET

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £85,000 median price is £85,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £85,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 74 WESTMORLAND RISE: £85,000 (Sold on 22 Oct 2021)
    • The first recorded sale happened at this postcode is 74 WESTMORLAND RISE: £85,000 (Sold on 22 Oct 2021)
  • Terraced
    • The average price is around £59,742 median price is £60,975 Standard Deviation is £6,959 with Total Sold: 6
    • The Last 5 Year average price is £64,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 69 WESTMORLAND RISE: £70,000 (Sold on 27 May 2021)
    • The first recorded sale happened at this postcode is 72 WESTMORLAND RISE: £62,950 (Sold on 08 Jul 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 2ET 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£85,000 £1,012 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£70,000 £843 1
2019£59,000 £670 1
2014£55,000 £663 1
2008£63,500 £765 1
2006£48,000 £565 1
2004£62,950 £715 1

All the Sales in the WESTMORLAND RISE, SR8 2ET

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

AddressSold DatePrice% Change
74 WESTMORLAND RISEDetached, FreeholdArea: 84 Sq.mtrAge: 1967-197522 Oct 2021£85,000First Sale
69 WESTMORLAND RISETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-196627 May 2021£70,000First Sale
72 WESTMORLAND RISETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-197512 Aug 2019£59,000-6.27%
08 Jul 2004£62,950First Sale
70 WESTMORLAND RISETerraced, FreeholdArea: 83 Sq.mtrAge: 1967-197517 Oct 2014£55,000-13.39%
02 Oct 2008£63,500First Sale
68 WESTMORLAND RISETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196603 Mar 2006£48,000First Sale

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

WESTMORLAND RISE, SR8 2ET Near By properties

Interactive Map

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

  • Detached
    • The average price is around £105,888 median price is £79,225 Standard Deviation is £57,083 with Total Sold: 94
    • The Last 5 Year average price is £135,542 with Total Sold: 12
    • 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 £73,155 median price is £64,225 Standard Deviation is £30,628 with Total Sold: 516
    • The Last 5 Year average price is £93,994 with Total Sold: 65
    • 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 £62,647 median price is £65,000 Standard Deviation is £23,633 with Total Sold: 500
    • The Last 5 Year average price is £73,305 with Total Sold: 115
    • 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
2023£200,000 £2,003 2
2022£170,000 £1,977 1
2021£115,100 £1,415 5
2020£156,500 £1,981 1
2019£122,500 £1,282 2
2018£130,833 £1,500 3
2017£149,558 £1,564 6
2016£130,433 £1,493 15
2015£118,170 £1,051 5
2014£94,500 £971 3
2012£147,000 £1,552 2
2011£130,000 £1,519 1
2008£145,000 £1,208 1
2007£106,8502
2006£114,776 £2,303 2
2005£121,000 £938 2
2004£98,000 £1,215 2
2003£124,562 £731 2
2002£106,408 £565 6
2001£66,000 £776 2
2000£63,167 £638 3
1999£53,750 £471 2
1998£75,738 £264 4
1997£55,666 £723 6
1996£63,250 £703 10
1995£56,667 £667 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£133,250 £1,541 4
2023£96,523 £1,240 11
2022£111,500 £1,535 11
2021£77,840 £1,016 12
2020£90,125 £1,203 10
2019£85,471 £1,186 17
2018£87,333 £1,149 6
2017£103,810 £1,284 15
2016£95,414 £1,249 21
2015£94,428 £1,232 9
2014£98,958 £1,314 12
2013£79,600 £1,050 5
2012£71,214 £872 7
2011£79,825 £1,065 10
2010£84,064 £1,197 7
2009£110,700 £1,295 5
2008£98,056 £1,273 9
2007£105,560 £1,563 27
2006£103,359 £1,377 26
2005£94,079 £1,415 27
2004£80,163 £1,171 19
2003£71,530 £1,205 20
2002£57,747 £797 17
2001£48,594 £673 24
2000£48,107 £592 22
1999£47,788 £670 17
1998£43,143 £634 16
1997£46,427 £657 26
1996£47,113 £681 71
1995£45,588 £639 33
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£65,585 £882 8
2023£72,240 £901 21
2022£77,350 £955 20
2021£74,211 £875 28
2020£77,005 £895 19
2019£68,437 £833 19
2018£60,156 £767 17
2017£59,086 £685 11
2016£80,990 £1,005 25
2015£74,203 £894 19
2014£73,839 £881 19
2013£55,000 £773 6
2012£78,490 £846 10
2011£69,391 £786 12
2010£65,550 £764 12
2009£56,500 £615 2
2008£83,455 £939 20
2007£78,898 £969 33
2006£77,119 £937 24
2005£73,536 £824 14
2004£62,333 £751 24
2003£48,997 £594 24
2002£35,690 £394 22
2001£33,972 £377 24
2000£32,192 £368 12
1999£30,488 £356 12
1998£32,617 £375 12
1997£33,250 £492 9
1996£30,158 £328 12
1995£30,595 £366 10
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 2ET area

The most common house types in the SR8 2ET postcode area are Detached (60), Terraced (59), and Semi-detached (25).

Total150
Detached60
Terraced59
Semi-detached25
Flat6
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 (46), and Social rented: Rents from council or Local Authority (37).

Owned: Owns with a mortgage or loan46
Social rented: Rents from council or Local Authority37
Private rented: Private landlord or letting agency26
Social rented: Other social rented23
Owned: Owns outright14
Shared ownership: Shared ownership1
Private rented: Other private rented1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the SR8 2ET have 2 people in household (51), and 1 person in household (46).

2 people in household51
1 person in household46
3 people in household28
4 people in household16
5 people in household6
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0