Housing Market Analysis for CRAIG TERRACE, SR8 3AJ

Are you looking to understand SR8 3AJ 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 3AJ area, explore the SR8 3AJ Area information page.
For comprehensive crime statistics in the SR8 3AJ area, explore the SR8 3AJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SR8 3AJ postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £56,728 median price is £55,000 Standard Deviation is £26,130 with Total Sold: 25
    • The Last 5 Year average price is £80,875 with Total Sold: 4
    • The most recent sale happened at this postcode is 2 CRAIG TERRACE: £85,000 (Sold on 25 Nov 2022)
    • The first recorded sale happened at this postcode is 5 CRAIG TERRACE: £26,000 (Sold on 08 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 3AJ 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£80,000 £1,328 2
2021£78,500 £1,208 1
2019£85,000 £1,149 1
2015£85,000 £1,269 1
2014£63,500 £1,008 1
2011£67,000 £1,031 1
2007£80,0001
2006£115,0001
2005£90,000 £1,552 1
2004£68,000 £1,302 2
2003£65,0001
2002£55,000 £821 1
2001£32,500 £505 2
2000£33,250 £392 3
1999£29,983 £291 3
1998£28,750 £324 2
1995£26,0001

All the Sales in the CRAIG TERRACE, SR8 3AJ

See the table below for more details on the sold house prices in the SR8 3AJ, County Durham postcode.

AddressSold DatePrice% Change
2 CRAIG TERRACETerraced, FreeholdArea: 58 Sq.mtrAge: 1900-192925 Nov 2022£85,000-5.56%
10 Aug 2005£90,000295.60%
17 Nov 2000£22,750First Sale
18 CRAIG TERRACETerraced, FreeholdArea: 63 Sq.mtrAge: 1930-194924 Jun 2022£75,00018.11%
10 Oct 2014£63,500-22.56%
24 Sep 2004£82,000100.00%
02 Oct 2001£41,000First Sale
13 CRAIG TERRACETerraced, FreeholdArea: 65 Sq.mtrAge: 1930-194904 May 2021£78,50017.16%
09 Mar 2011£67,000First Sale
6 CRAIG TERRACETerraced, FreeholdArea: 74 Sq.mtrAge: 1900-192920 Aug 2019£85,000295.35%
26 Mar 1999£21,500First Sale
11 CRAIG TERRACETerraced, FreeholdArea: 67 Sq.mtrAge: 1950-196625 Sep 2015£85,00054.55%
16 Aug 2002£55,000129.17%
21 Dec 2001£24,000First Sale
21 CRAIG TERRACETerraced, Freehold30 Mar 2007£80,000First Sale
1 CRAIG TERRACETerraced, Freehold08 Sep 2006£115,000First Sale
16 CRAIG TERRACETerraced, Freehold08 Jul 2004£54,000First Sale
3 CRAIG TERRACETerraced, Freehold25 Sep 2003£65,00066.67%
11 Feb 2000£39,000First Sale
12 CRAIG TERRACETerraced, Freehold24 Nov 2000£38,000First Sale
10 CRAIG TERRACETerraced, Freehold28 May 1999£35,5005.97%
30 Jan 1998£33,500First Sale
7 CRAIG TERRACETerraced, Freehold12 Mar 1999£32,950First Sale
15 CRAIG TERRACETerraced, FreeholdArea: 74 Sq.mtrAge: 1900-192930 Sep 1998£24,000First Sale
5 CRAIG TERRACETerraced, Freehold08 Dec 1995£26,000First Sale

Check out the sold house prices near the SR8 3AJ postcode. Properties currently for saleProperties currently for rent

CRAIG TERRACE, SR8 3AJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SR8 3AJ 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 3AJ postcode.

  • Terraced
    • The average price is around £80,146 median price is £73,250 Standard Deviation is £46,906 with Total Sold: 362
    • The Last 5 Year average price is £101,658 with Total Sold: 73
    • The most recent sale happened at this postcode is , 52 NORTH CRESCENT: £109,499 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 BRAMPTON COURT: £56,000 (Sold on 14 Jul 1995)
  • Semi-Detached
    • The average price is around £101,128 median price is £92,225 Standard Deviation is £48,775 with Total Sold: 316
    • The Last 5 Year average price is £127,117 with Total Sold: 78
    • The most recent sale happened at this postcode is , 11 PARSLEY CLOSE: £170,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 GRANGE AVENUE: £27,500 (Sold on 17 Mar 1995)
  • Detached
    • The average price is around £178,342 median price is £177,000 Standard Deviation is £74,753 with Total Sold: 343
    • The Last 5 Year average price is £235,848 with Total Sold: 77
    • The most recent sale happened at this postcode is , 3 EAST GRANGE COURT: £126,000 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 4 BURN GARDENS: £21,500 (Sold on 04 Apr 1995)
  • Other
    • The average price is around £383,554 median price is £212,500 Standard Deviation is £365,594 with Total Sold: 16
    • The Last 5 Year average price is £306,125 with Total Sold: 8
    • The most recent sale happened at this postcode is , VILLAGE INN SUNDERLAND ROAD: £400,000 (Sold on 25 Oct 2023)
    • The first recorded sale happened at this postcode is , SHOULDER OF MUTTON LOW ROW: £129,200 (Sold on 03 May 2014)
  • Flat
    • The average price is around £157,973 median price is £165,950 Standard Deviation is £21,061 with Total Sold: 11
    • The Last 5 Year average price is £138,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 12 ESSYN COURT: £160,000 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is , 2 ESSYN COURT: £169,950 (Sold on 21 Dec 2006)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£79,0006
2023£119,375 £1,204 12
2022£118,026 £1,433 19
2021£98,196 £1,223 14
2020£77,681 £1,033 8
2019£91,132 £1,073 14
2018£88,000 £1,115 4
2017£114,058 £1,428 12
2016£100,660 £1,372 20
2015£77,600 £1,020 10
2014£73,000 £1,070 8
2013£111,667 £1,023 6
2012£117,324 £1,083 6
2011£83,169 £1,082 13
2010£86,990 £772 5
2009£78,332 £1,143 3
2008£134,771 £1,457 14
2007£117,932 £1,402 17
2006£81,850 £1,104 17
2005£108,193 £1,243 15
2004£72,140 £896 20
2003£57,633 £630 18
2002£51,446 £617 14
2001£37,750 £537 18
2000£44,125 £476 18
1999£33,346 £449 12
1998£37,290 £463 15
1997£31,181 £414 8
1996£38,639 £435 9
1995£33,686 £421 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£113,450 £818 6
2023£105,187 £1,465 8
2022£111,457 £1,436 14
2021£138,352 £1,540 21
2020£142,593 £1,541 15
2019£127,732 £1,470 14
2018£124,291 £1,456 11
2017£120,958 £1,354 18
2016£121,885 £1,560 13
2015£111,440 £1,367 15
2014£86,333 £1,207 3
2013£82,803 £1,039 7
2012£117,263 £1,171 4
2011£125,250 £1,473 4
2010£108,500 £1,527 4
2009£112,750 £955 4
2008£146,300 £1,522 5
2007£151,527 £1,760 11
2006£131,527 £1,502 11
2005£118,056 £1,386 8
2004£91,356 £1,106 18
2003£83,223 £860 11
2002£62,606 £580 17
2001£53,184 £751 16
2000£62,068 £674 11
1999£63,552 £617 23
1998£48,375 £696 4
1997£42,628 £379 11
1996£44,650 £411 3
1995£56,917 £673 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£126,000 £2,100 1
2023£267,871 £2,080 12
2022£278,681 £2,217 8
2021£244,834 £1,892 19
2020£216,980 £1,954 15
2019£212,902 £1,896 22
2018£216,988 £1,901 25
2017£191,428 £1,852 25
2016£187,340 £1,814 21
2015£226,859 £1,837 17
2014£185,667 £1,761 3
2013£186,667 £1,654 3
2012£226,200 £1,709 6
2011£151,500 £1,642 2
2010£233,700 £1,620 5
2009£216,499 £2,300 6
2008£207,5002
2007£208,090 £2,080 10
2006£174,000 £1,614 2
2005£211,429 £1,728 7
2004£185,358 £1,054 18
2003£155,900 £1,509 5
2002£132,021 £999 14
2001£102,262 £925 17
2000£102,135 £864 13
1999£102,528 £802 34
1998£117,056 £934 18
1997£64,750 £635 2
1996£68,350 £560 4
1995£59,264 £445 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£400,0001
2022£265,000 £2,157 2
2021£482,500 £1,676 2
2019£184,667 £1,171 3
2017£631,667 £8,783 3
2016£50,0001
2015£112,0002
2014£759,434 £13,897 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£160,000 £2,177 1
2021£95,000 £1,583 1
2020£160,000 £1,616 1
2016£147,000 £1,485 1
2009£160,000 £1,171 1
2008£169,9501
2007£168,950 £1,945 4
2006£169,950 £1,789 1

House Type in SR8 3AJ area

The most common house types in the SR8 3AJ postcode area are Terraced (123), Detached (35), and Semi-detached (31).

Total199
Terraced123
Detached35
Semi-detached31
Flat9
converted building1
Shared house0
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 (91), and Owned: Owns outright (68).

Owned: Owns with a mortgage or loan91
Owned: Owns outright68
Private rented: Private landlord or letting agency23
Social rented: Other social rented10
Private rented: Other private rented5
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SR8 3AJ have 1 person in household (71), and 2 people in household (66).

1 person in household71
2 people in household66
3 people in household38
4 people in household18
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0