Housing Market Analysis for PALMER ROAD, SR8 2HU

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

Overview of Sold House prices

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

  • Other
    • The average price is around £2,976,000 median price is £2,976,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £2,976,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 PALMER ROAD: £2,976,000 (Sold on 10 May 2022)
    • The first recorded sale happened at this postcode is 1 PALMER ROAD: £2,976,000 (Sold on 10 May 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 2HU 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£2,976,0001

All the Sales in the PALMER ROAD, SR8 2HU

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

AddressSold DatePrice% Change
1 PALMER ROADOther, Freehold10 May 2022£2,976,000First Sale

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

PALMER ROAD, SR8 2HU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £94,131 median price is £75,975 Standard Deviation is £55,221 with Total Sold: 106
    • The Last 5 Year average price is £161,104 with Total Sold: 14
    • The most recent sale happened at this postcode is , 26 DINTING CLOSE: £175,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 SNOWDON PLACE: £40,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £66,449 median price is £68,500 Standard Deviation is £28,604 with Total Sold: 351
    • The Last 5 Year average price is £79,784 with Total Sold: 71
    • The most recent sale happened at this postcode is , 6 PENDLE CLOSE: £80,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 31 HAMBLEDON PLACE: £31,000 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £167,125 median price is £169,000 Standard Deviation is £77,837 with Total Sold: 105
    • The Last 5 Year average price is £217,098 with Total Sold: 28
    • The most recent sale happened at this postcode is , 14 GIRTON CLOSE: £132,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 7 GIRTON CLOSE: £70,000 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £591,222 median price is £385,000 Standard Deviation is £589,339 with Total Sold: 30
    • The Last 5 Year average price is £643,815 with Total Sold: 18
    • The most recent sale happened at this postcode is , CHESTNUT GROVE THE VILLAGE: £700,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is , APOLLO HOUSE BIRCHWOOD DRIVE: £175,000 (Sold on 07 Nov 2013)
  • Flat
    • The average price is around £48,097 median price is £34,808 Standard Deviation is £24,574 with Total Sold: 10
    • The Last 5 Year average price is £53,250 with Total Sold: 3
    • The most recent sale happened at this postcode is , 24 QUANTOCK PLACE: £33,000 (Sold on 06 Aug 2021)
    • The first recorded sale happened at this postcode is , 122 PENTLAND CLOSE: £30,000 (Sold on 25 Apr 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,0002
2023£166,238 £1,697 4
2022£155,000 £1,845 1
2021£184,250 £1,165 2
2020£169,000 £1,234 2
2019£135,000 £1,530 3
2018£115,167 £1,354 3
2017£139,000 £1,805 1
2016£135,500 £1,271 2
2015£95,000 £1,188 1
2014£146,750 £1,693 2
2013£237,000 £2,236 1
2012£87,500 £972 1
2011£43,000 £506 1
2010£128,500 £1,044 1
2009£94,950 £874 1
2008£137,088 £1,146 4
2007£117,167 £1,373 6
2006£108,550 £1,097 7
2005£105,158 £959 6
2004£102,921 £1,070 7
2003£53,950 £447 2
2002£55,667 £473 3
2001£74,970 £733 5
2000£49,857 £668 7
1999£44,490 £456 5
1998£52,492 £592 6
1997£42,986 £321 7
1996£46,007 £461 7
1995£77,625 £679 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£81,000 £989 3
2023£84,125 £937 8
2022£81,167 £892 12
2021£86,652 £910 23
2020£77,700 £874 11
2019£66,211 £758 14
2018£66,289 £703 9
2017£85,125 £778 8
2016£76,905 £850 11
2015£75,246 £853 14
2014£71,545 £791 11
2013£67,136 £733 11
2012£77,100 £806 5
2011£79,667 £878 6
2010£83,325 £829 6
2009£87,250 £997 9
2008£94,392 £851 12
2007£81,773 £882 28
2006£80,538 £890 17
2005£78,992 £811 7
2004£67,344 £734 20
2003£52,150 £561 19
2002£41,526 £409 17
2001£41,337 £437 15
2000£34,817 £378 12
1999£29,925 £295 6
1998£30,350 £348 7
1997£34,500 £356 10
1996£34,145 £365 11
1995£29,917 £355 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,000 £2,772 3
2023£223,556 £1,812 9
2022£215,167 £2,093 3
2021£262,562 £1,956 4
2020£210,000 £1,513 2
2019£188,714 £1,653 7
2018£205,000 £1,619 2
2017£162,000 £1,414 4
2016£144,612 £1,382 4
2015£187,908 £1,654 6
2014£155,667 £1,432 3
2013£172,167 £1,773 3
2012£153,250 £1,594 2
2011£173,500 £1,339 2
2010£149,999 £1,370 1
2009£199,500 £1,509 2
2008£232,0001
2007£222,980 £966 5
2006£231,658 £1,512 6
2005£205,0002
2004£135,821 £1,181 7
2003£179,000 £1,287 3
2002£215,000 £927 1
2001£77,850 £753 4
2000£65,667 £545 3
1999£73,500 £623 1
1998£60,333 £494 3
1997£79,390 £509 5
1996£67,400 £505 5
1995£86,5002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£700,000 £2,295 1
2022£1,029,4174
2021£401,571 £2,661 7
2020£66,0001
2019£778,8005
2018£276,6673
2017£717,0005
2016£750,0002
2014£58,000 £624 1
2013£175,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£51,875 £744 2
2019£56,000 £615 1
2017£22,500 £479 1
2016£25,000 £338 1
2008£90,000 £989 1
2007£86,950 £966 1
2002£36,617 £402 1
1999£30,150 £335 1
1997£30,000 £333 1

House Type in SR8 2HU area

The most common house types in the SR8 2HU postcode area are Terraced (105), Detached (64), and Semi-detached (52).

Total229
Terraced105
Detached64
Semi-detached52
Flat5
temporary structure3
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (68), and Owned: Owns outright (53).

Owned: Owns with a mortgage or loan68
Owned: Owns outright53
Social rented: Other social rented44
Private rented: Private landlord or letting agency44
Social rented: Rents from council or Local Authority14
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SR8 2HU have 2 people in household (76), and 1 person in household (68).

2 people in household76
1 person in household68
3 people in household46
4 people in household29
5 people in household7
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0