Housing Market Analysis for PEASE ROAD, SR8 2RD

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

Overview of Sold House prices

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

  • Other
    • The average price is around £7,150,000 median price is £7,150,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 PEASE ROAD: £7,150,000 (Sold on 04 Feb 2016)
    • The first recorded sale happened at this postcode is 20 PEASE ROAD: £7,150,000 (Sold on 04 Feb 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 2RD 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
2016£7,150,0001

All the Sales in the PEASE ROAD, SR8 2RD

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

AddressSold DatePrice% Change
20 PEASE ROADOther, Leasehold04 Feb 2016£7,150,000First Sale

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

PEASE ROAD, SR8 2RD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £55,622 median price is £54,748 Standard Deviation is £21,784 with Total Sold: 128
    • The Last 5 Year average price is £62,417 with Total Sold: 26
    • The most recent sale happened at this postcode is , 20 LANCASTER HILL: £45,000 (Sold on 08 May 2024)
    • The first recorded sale happened at this postcode is , 26 LANCASTER HILL: £24,000 (Sold on 25 Jan 1995)
  • Other
    • The average price is around £1,226,715 median price is £650,000 Standard Deviation is £1,605,211 with Total Sold: 19
    • The Last 5 Year average price is £211,667 with Total Sold: 3
    • 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 , SITE EP181/4 FIENNES ROAD: £1,285,000 (Sold on 18 Aug 2014)
  • Semi-Detached
    • The average price is around £55,214 median price is £45,000 Standard Deviation is £33,310 with Total Sold: 22
    • The Last 5 Year average price is £100,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 111 WESTMORLAND RISE: £155,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is , 112 WESTMORLAND RISE: £45,000 (Sold on 31 Jan 1995)
  • Detached
    • The average price is around £97,798 median price is £66,500 Standard Deviation is £85,078 with Total Sold: 14
    • The Last 5 Year average price is £75,000 with Total Sold: 2
    • 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 , 60 LANCASTER HILL: £34,000 (Sold on 20 Sep 1996)
  • Flat
    • The average price is around £35,750 median price is £30,000 Standard Deviation is £12,377 with Total Sold: 4
    • The most recent sale happened at this postcode is , 46 LANCASTER HILL: £30,000 (Sold on 17 Jan 2018)
    • The first recorded sale happened at this postcode is , 2 LANCASTER HILL: £57,000 (Sold on 07 Dec 2007)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£40,5002
2023£67,312 £894 4
2022£69,000 £865 3
2021£70,556 £835 9
2020£58,150 £682 4
2019£49,500 £684 4
2018£58,500 £769 6
2017£56,000 £670 4
2016£59,400 £702 5
2015£57,250 £691 6
2014£68,375 £746 4
2013£48,000 £578 1
2011£58,000 £640 2
2010£50,500 £765 1
2008£86,056 £921 9
2007£82,250 £953 4
2006£70,395 £932 10
2005£75,375 £871 4
2004£60,828 £752 7
2003£48,528 £566 7
2002£27,218 £280 5
2001£31,694 £353 9
2000£25,967 £292 3
1999£28,625 £333 6
1998£31,250 £409 2
1996£28,112 £357 4
1995£24,3173
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£195,0001
2021£300,0001
2019£140,0001
2018£834,7796
2016£2,529,7605
2015£932,5254
2014£1,285,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£155,000 £1,505 1
2021£45,000 £529 1
2007£43,0001
2006£97,000 £1,013 3
2005£61,333 £838 3
2004£62,000 £728 2
2003£65,0001
2002£39,0001
2001£32,975 £387 2
2000£33,000 £491 2
1999£30,500 £430 1
1998£19,000 £285 2
1997£23,2591
1995£45,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£85,000 £1,012 1
2019£65,000 £765 1
2018£80,000 £816 1
2016£49,250 £599 2
2014£68,000 £694 1
2006£77,5511
2003£124,562 £731 2
2002£199,000 £565 2
1998£107,000 £264 2
1996£34,000 £400 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£30,000 £448 1
2015£28,000 £566 2
2007£57,000 £966 1

House Type in SR8 2RD area

The most common house types in the SR8 2RD 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 2RD 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