Housing Market Analysis for OAK TERRACE, SR8 4JT

Are you looking to understand SR8 4JT 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 4JT area, explore the SR8 4JT Area information page.
For comprehensive crime statistics in the SR8 4JT area, explore the SR8 4JT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SR8 4JT postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £63,600 median price is £71,000 Standard Deviation is £25,286 with Total Sold: 10
    • The Last 5 Year average price is £81,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 4 OAK TERRACE: £100,000 (Sold on 24 Jun 2022)
    • The first recorded sale happened at this postcode is 3 OAK TERRACE: £80,000 (Sold on 09 Feb 2024)
  • Terraced
    • The average price is around £35,500 median price is £35,500 Standard Deviation is £4,500 with Total Sold: 2
    • The Last 5 Year average price is £40,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 OAK TERRACE: £40,000 (Sold on 26 Mar 2021)
    • The first recorded sale happened at this postcode is 11 OAK TERRACE: £31,000 (Sold on 23 May 2003)
  • Detached
    • The average price is around £154,975 median price is £154,975 Standard Deviation is £4,975 with Total Sold: 2
    • The Last 5 Year average price is £154,975 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 OAK TERRACE: £159,950 (Sold on 04 Aug 2020)
    • The first recorded sale happened at this postcode is 6 OAK TERRACE: £150,000 (Sold on 26 Jun 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 4JT 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£100,000 £1,266 1
2020£66,000 £835 1
2018£49,000 £598 1
2017£48,000 £593 1
2007£90,000 £1,084 1
2005£76,000 £916 1
2004£24,500 £295 1
2000£22,5001
2024£80,000 £1,143 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£40,000 £488 1
2003£31,000 £378 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£154,975 £1,047 2

All the Sales in the OAK TERRACE, SR8 4JT

See the table below for more details on the sold house prices in the SR8 4JT, County Durham postcode.

AddressSold DatePrice% Change
4 OAK TERRACESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-196624 Jun 2022£100,00051.52%
17 Jul 2020£66,000First Sale
11 OAK TERRACETerraced, FreeholdArea: 82 Sq.mtrAge: 1930-194926 Mar 2021£40,00029.03%
23 May 2003£31,000First Sale
6 OAK TERRACEDetached, FreeholdArea: 148 Sq.mtrAge: 2003-200604 Aug 2020£159,9506.63%
26 Jun 2020£150,000First Sale
16 OAK TERRACESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196611 Apr 2018£49,000First Sale
5 OAK TERRACESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-196630 Aug 2017£48,000First Sale
15 OAK TERRACESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-194923 Feb 2007£90,00018.42%
14 Oct 2005£76,000210.20%
17 Mar 2004£24,500First Sale
8 OAK TERRACESemi-Detached, Freehold07 Apr 2000£22,500First Sale
3 OAK TERRACESemi-Detached, Freehold09 Feb 2024£80,0000.0
09 Feb 2024£80,000First Sale

Check out the sold house prices near the SR8 4JT postcode. Properties currently for saleProperties currently for rent

OAK TERRACE, SR8 4JT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SR8 4JT 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 4JT postcode.

  • Terraced
    • The average price is around £38,845 median price is £30,525 Standard Deviation is £25,248 with Total Sold: 2,712
    • The Last 5 Year average price is £43,155 with Total Sold: 907
    • The most recent sale happened at this postcode is , 42 TWELFTH STREET: £44,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 115 COTSFORD PARK ESTATE: £21,000 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £578,414 median price is £57,500 Standard Deviation is £1,710,796 with Total Sold: 61
    • The Last 5 Year average price is £719,205 with Total Sold: 47
    • The most recent sale happened at this postcode is , EDEN GARAGE SUNDERLAND ROAD: £120,000 (Sold on 25 Jul 2024)
    • The first recorded sale happened at this postcode is , BLANDFORD BUILDINGS DENE TERRACE: £50,000 (Sold on 29 Aug 2014)
  • Semi-Detached
    • The average price is around £70,751 median price is £64,500 Standard Deviation is £36,550 with Total Sold: 390
    • The Last 5 Year average price is £88,253 with Total Sold: 110
    • The most recent sale happened at this postcode is , 50 HAWTHORN CRESCENT: £40,000 (Sold on 10 Apr 2024)
    • The first recorded sale happened at this postcode is , 14 BLACKHILLS ROAD: £9,000 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £144,921 median price is £145,000 Standard Deviation is £69,224 with Total Sold: 118
    • The Last 5 Year average price is £182,122 with Total Sold: 37
    • The most recent sale happened at this postcode is , 38 WILLOW GROVE: £167,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , 101 THIRD STREET: £30,000 (Sold on 17 Nov 1995)
  • Flat
    • The average price is around £65,007 median price is £62,500 Standard Deviation is £28,144 with Total Sold: 30
    • The Last 5 Year average price is £40,833 with Total Sold: 6
    • The most recent sale happened at this postcode is , 50 THORNTREE GILL: £15,000 (Sold on 01 Feb 2024)
    • The first recorded sale happened at this postcode is , 11 HAMILTON STREET: £20,000 (Sold on 22 Jan 2004)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£46,857 £563 86
2023£41,056 £556 159
2022£42,058 £565 174
2021£41,794 £565 175
2020£48,642 £635 157
2019£40,485 £544 156
2018£30,110 £395 116
2017£31,222 £413 135
2016£26,309 £336 151
2015£32,977 £424 51
2014£41,540 £503 50
2013£41,897 £514 36
2012£49,073 £591 28
2011£46,734 £599 26
2010£59,017 £740 35
2009£61,002 £813 26
2008£63,779 £850 58
2007£67,968 £867 119
2006£56,396 £723 116
2005£50,646 £643 96
2004£40,661 £518 130
2003£30,201 £384 101
2002£25,751 £334 82
2001£22,668 £253 74
2000£24,552 £315 66
1999£19,852 £226 62
1998£18,811 £235 67
1997£19,057 £229 62
1996£21,210 £256 63
1995£19,478 £240 55
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£55,6673
2023£43,499 £589 5
2022£50,700 £393 5
2021£732,581 £14,168 20
2020£1,951,833 £59,130 9
2019£189,300 £583 5
2018£29,499 £717 4
2017£244,502 £2,119 4
2016£76,530 £1,126 4
2015£28,500 £405 1
2014£50,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£64,700 £1,038 5
2023£76,134 £1,018 22
2022£92,000 £1,170 15
2021£78,560 £985 20
2020£83,664 £1,129 22
2019£112,216 £1,413 26
2018£77,518 £1,000 19
2017£77,000 £935 9
2016£71,845 £878 10
2015£81,071 £994 7
2014£73,900 £888 10
2013£81,200 £1,078 5
2012£79,643 £1,079 7
2011£85,750 £1,241 4
2010£96,045 £1,038 10
2009£91,667 £935 6
2008£98,525 £1,285 15
2007£83,495 £1,004 20
2006£90,647 £1,146 18
2005£74,359 £848 11
2004£69,408 £737 12
2003£55,253 £576 16
2002£46,758 £502 19
2001£40,915 £448 10
2000£35,683 £541 12
1999£35,586 £394 14
1998£30,168 £257 11
1997£28,493 £337 15
1996£30,646 £355 13
1995£25,893 £267 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,000 £2,227 1
2023£259,100 £1,632 4
2022£181,242 £1,910 7
2021£188,179 £1,621 9
2020£171,008 £1,467 7
2019£152,860 £1,588 9
2018£184,700 £1,473 5
2017£197,200 £1,245 5
2016£151,800 £1,280 5
2015£183,000 £1,425 3
2014£142,200 £1,429 5
2013£128,950 £990 4
2012£143,000 £1,187 7
2011£155,000 £749 1
2009£174,999 £1,250 1
2008£184,750 £1,299 2
2007£145,990 £1,346 5
2006£183,058 £1,259 6
2005£168,139 £1,204 3
2004£85,975 £457 2
2003£95,000 £1,267 1
2002£76,700 £700 5
2001£79,190 £573 5
2000£68,000 £586 4
1999£46,375 £396 4
1998£20,750 £193 3
1997£77,000 £678 2
1996£67,252 £619 2
1995£30,000 £154 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£15,0001
2022£65,000 £650 1
2021£45,500 £781 2
2020£37,000 £512 2
2017£39,950 £695 2
2016£42,667 £802 3
2014£53,500 £939 2
2013£40,000 £727 1
2008£90,914 £1,601 14
2007£57,5001
2004£20,000 £211 1

House Type in SR8 4JT area

The most common house types in the SR8 4JT postcode area are Terraced (64), Semi-detached (53), and Detached (5).

Total122
Terraced64
Semi-detached53
Detached5
Flat0
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 outright (37), and Social rented: Rents from council or Local Authority (29).

Owned: Owns outright37
Social rented: Rents from council or Local Authority29
Private rented: Private landlord or letting agency24
Owned: Owns with a mortgage or loan18
Social rented: Other social rented8
Private rented: Other private rented4
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the SR8 4JT have 2 people in household (46), and 1 person in household (43).

2 people in household46
1 person in household43
3 people in household20
4 people in household8
5 people in household4
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0