Housing Market Analysis for MILL TERRACE, SR8 3BX

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £98,229 median price is £94,000 Standard Deviation is £31,909 with Total Sold: 7
    • The Last 5 Year average price is £118,167 with Total Sold: 3
    • The most recent sale happened at this postcode is 5 MILL TERRACE: £156,000 (Sold on 21 Jul 2023)
    • The first recorded sale happened at this postcode is 6 MILL TERRACE: £47,600 (Sold on 07 Jun 2000)
  • Detached
    • The average price is around £52,000 median price is £52,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 MILL TERRACE: £52,000 (Sold on 29 May 1998)
    • The first recorded sale happened at this postcode is 8 MILL TERRACE: £52,000 (Sold on 29 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 3BX 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
2023£156,000 £1,835 1
2020£99,250 £1,168 2
2010£94,000 £1,123 1
2006£119,5001
2003£72,0001
2000£47,6001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£52,0001

All the Sales in the MILL TERRACE, SR8 3BX

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

AddressSold DatePrice% Change
5 MILL TERRACETerraced, FreeholdArea: 85 Sq.mtrAge: 1900-192921 Jul 2023£156,00066.84%
18 Dec 2020£93,500-10.95%
31 Jan 2020£105,000First Sale
4 MILL TERRACETerraced, FreeholdArea: 83.74 Sq.mtrAge: 1930-194901 Dec 2010£94,000First Sale
6 MILL TERRACETerraced, Freehold21 Apr 2006£119,50065.97%
13 Jun 2003£72,00051.26%
07 Jun 2000£47,600First Sale
8 MILL TERRACEDetached, Freehold29 May 1998£52,000First Sale

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

MILL TERRACE, SR8 3BX Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £131,121 median price is £140,000 Standard Deviation is £48,478 with Total Sold: 148
    • The Last 5 Year average price is £177,563 with Total Sold: 31
    • 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 , 3 THE GROVE: £41,500 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £180,207 median price is £178,000 Standard Deviation is £84,586 with Total Sold: 215
    • The Last 5 Year average price is £239,142 with Total Sold: 39
    • The most recent sale happened at this postcode is , REDFERNS HALL WALK: £265,000 (Sold on 05 Jan 2024)
    • The first recorded sale happened at this postcode is , 9 ST MARYS CLOSE: £94,500 (Sold on 14 Jul 1995)
  • Terraced
    • The average price is around £100,470 median price is £91,750 Standard Deviation is £47,269 with Total Sold: 100
    • The Last 5 Year average price is £128,118 with Total Sold: 17
    • The most recent sale happened at this postcode is , 10 SOUTH SIDE: £180,000 (Sold on 16 Aug 2023)
    • The first recorded sale happened at this postcode is , 6 NORTH TERRACE: £29,000 (Sold on 14 Jul 1995)
  • Flat
    • The average price is around £164,744 median price is £169,950 Standard Deviation is £7,430 with Total Sold: 9
    • The Last 5 Year average price is £160,000 with Total Sold: 2
    • 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)
  • Other
    • The average price is around £615,062 median price is £702,500 Standard Deviation is £331,802 with Total Sold: 8
    • The Last 5 Year average price is £716,250 with Total Sold: 4
    • The most recent sale happened at this postcode is GARDEN HOUSE, RECTORY FARM HALL WALK: £950,000 (Sold on 30 May 2023)
    • The first recorded sale happened at this postcode is , 32 PARSLEY CLOSE: £880,000 (Sold on 25 Aug 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£178,3333
2023£158,800 £1,822 5
2022£189,700 £1,962 5
2021£180,171 £1,744 12
2020£177,483 £1,689 6
2019£150,094 £1,678 8
2018£138,477 £1,700 11
2017£151,056 £1,470 8
2016£137,250 £1,631 4
2015£138,500 £1,611 3
2014£117,875 £1,339 4
2013£113,333 £1,100 2
2012£139,998 £1,544 2
2011£144,000 £1,753 5
2010£142,000 £1,578 1
2009£166,333 £948 3
2007£170,981 £1,772 8
2006£158,233 £1,686 6
2005£118,750 £1,469 4
2004£109,357 £1,399 7
2003£125,590 £1,170 5
2002£86,492 £788 6
2001£67,550 £866 6
2000£69,9004
1999£69,870 £851 10
1998£43,133 £709 3
1997£64,100 £439 2
1996£59,000 £504 2
1995£67,1673
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£265,000 £1,866 1
2023£295,000 £2,035 5
2022£270,742 £2,131 6
2021£239,325 £2,046 12
2020£206,013 £1,895 15
2019£199,158 £1,913 18
2018£224,311 £1,900 22
2017£196,250 £1,604 6
2016£266,500 £1,604 4
2015£268,700 £1,674 5
2014£150,650 £1,519 5
2013£186,667 £1,654 3
2012£207,450 £1,740 6
2011£384,000 £2,343 2
2010£259,625 £1,620 4
2009£214,998 £3,292 3
2007£210,988 £2,102 8
2005£182,000 £2,102 1
2004£180,496 £949 17
2003£112,375 £1,511 4
2002£128,950 £997 14
2001£105,344 £932 16
2000£102,683 £858 11
1999£91,021 £693 14
1998£68,6506
1997£112,250 £631 2
1996£69,9752
1995£81,0003
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£151,333 £1,637 3
2022£146,900 £1,578 5
2021£110,333 £1,172 6
2020£109,167 £1,201 3
2019£107,656 £1,216 8
2018£110,167 £1,305 3
2017£84,650 £1,100 3
2016£108,750 £1,228 2
2015£90,400 £1,125 5
2014£79,167 £1,089 3
2013£124,250 £1,241 2
2012£56,000 £1,057 1
2011£83,125 £913 4
2010£93,725 £1,115 4
2008£170,649 £1,743 7
2007£162,233 £1,552 6
2006£93,833 £1,111 3
2005£121,875 £1,737 4
2004£76,290 £931 5
2003£81,3333
2002£67,250 £811 2
2001£43,100 £594 5
2000£54,650 £575 4
1999£40,500 £560 2
1998£48,475 £611 2
1996£44,5003
1995£31,000 £463 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£160,000 £2,177 1
2020£160,000 £1,616 1
2016£147,000 £1,485 1
2008£169,9501
2007£168,950 £1,945 4
2006£169,950 £1,789 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£950,000 £3,942 2
2021£482,500 £1,676 2
2019£290,000 £1,752 1
2017£588,500 £8,783 3

House Type in SR8 3BX area

The most common house types in the SR8 3BX postcode area are Semi-detached (64), Detached (42), and Terraced (9).

Total116
Semi-detached64
Detached42
Terraced9
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright74
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency4
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the SR8 3BX have 2 people in household (60), and 4 people in household (21).

2 people in household60
4 people in household21
1 person in household16
3 people in household15
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0