Housing Market Analysis for ELM TERRACE, SR8 4SG

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £51,711 median price is £49,950 Standard Deviation is £11,274 with Total Sold: 9
    • The Last 5 Year average price is £52,380 with Total Sold: 5
    • The most recent sale happened at this postcode is 24 ELM TERRACE: £49,950 (Sold on 06 Dec 2023)
    • The first recorded sale happened at this postcode is 26 ELM TERRACE: £60,000 (Sold on 14 Dec 2023)
  • Detached
    • The average price is around £280,000 median price is £280,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £280,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BRAESIDE HOUSE ELM TERRACE: £280,000 (Sold on 26 Mar 2021)
    • The first recorded sale happened at this postcode is BRAESIDE HOUSE ELM TERRACE: £280,000 (Sold on 26 Mar 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 4SG 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
2023£53,300 £735 3
2020£38,000 £475 1
2019£64,000 £1,231 1
2015£56,000 £1,077 1
2006£69,500 £1,022 1
2003£45,000 £662 1
2002£33,000 £485 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£280,000 £1,986 1

All the Sales in the ELM TERRACE, SR8 4SG

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

AddressSold DatePrice% Change
24 ELM TERRACESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1967-197506 Dec 2023£49,9500.0
06 Dec 2023£49,950-28.13%
29 Sep 2006£69,50054.44%
04 Nov 2003£45,00036.36%
09 Apr 2002£33,000First Sale
BRAESIDE HOUSE ELM TERRACEDetached, FreeholdArea: 141 Sq.mtrAge: 1930-194926 Mar 2021£280,000First Sale
26 ELM TERRACESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-196622 Sep 2020£38,000-36.67%
14 Dec 2023£60,000First Sale
20 ELM TERRACESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1950-196623 Aug 2019£64,00014.29%
17 Jul 2015£56,000First Sale

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

ELM TERRACE, SR8 4SG Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £38,152 median price is £30,000 Standard Deviation is £25,226 with Total Sold: 2,501
    • The Last 5 Year average price is £42,496 with Total Sold: 856
    • 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 £630,604 median price is £57,000 Standard Deviation is £1,793,812 with Total Sold: 55
    • The Last 5 Year average price is £796,610 with Total Sold: 42
    • The most recent sale happened at this postcode is , 50 THORNTREE GILL: £12,000 (Sold on 23 Apr 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 £75,716 median price is £70,000 Standard Deviation is £39,343 with Total Sold: 339
    • The Last 5 Year average price is £93,115 with Total Sold: 103
    • 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 , 50 HAWTHORN CRESCENT: £12,000 (Sold on 18 Jan 1995)
  • Detached
    • The average price is around £146,908 median price is £149,950 Standard Deviation is £54,041 with Total Sold: 163
    • The Last 5 Year average price is £178,325 with Total Sold: 40
    • 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 £67,543 median price is £65,000 Standard Deviation is £27,309 with Total Sold: 28
    • The Last 5 Year average price is £41,200 with Total Sold: 5
    • 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 , DUNELM HOUSE, 55A SIXTH STREET: £57,500 (Sold on 23 Feb 2007)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£43,213 £556 74
2023£40,108 £548 151
2022£41,130 £555 162
2021£41,606 £555 170
2020£49,169 £646 150
2019£40,344 £544 149
2018£28,762 £381 112
2017£30,514 £393 124
2016£25,420 £332 141
2015£33,007 £425 47
2014£39,977 £497 44
2013£41,466 £518 34
2012£48,322 £598 25
2011£44,500 £579 22
2010£57,843 £749 31
2009£61,002 £803 26
2008£62,275 £833 48
2007£67,329 £863 104
2006£54,917 £691 103
2005£49,893 £636 84
2004£40,975 £521 124
2003£30,257 £377 92
2002£26,351 £342 80
2001£22,762 £254 67
2000£24,261 £299 63
1999£19,326 £221 54
1998£18,620 £230 61
1997£18,969 £226 54
1996£20,641 £255 55
1995£19,257 £233 50
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£12,0001
2023£43,499 £589 5
2022£50,700 £393 5
2021£804,257 £14,168 18
2020£2,193,938 £59,130 8
2019£189,300 £583 5
2018£29,499 £717 4
2017£241,003 £254 3
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£79,418 £1,050 19
2022£95,715 £1,191 16
2021£83,388 £961 16
2020£88,267 £1,185 21
2019£116,889 £1,445 26
2018£84,364 £941 11
2017£70,625 £885 8
2016£81,681 £998 8
2015£81,071 £994 7
2014£70,857 £816 7
2013£81,200 £1,078 5
2012£80,100 £1,143 5
2011£84,333 £1,380 3
2010£106,869 £1,048 8
2009£89,333 £841 6
2008£95,322 £1,063 9
2007£86,095 £1,066 20
2006£109,728 £1,305 24
2005£78,296 £929 13
2004£72,790 £737 10
2003£54,181 £576 13
2002£46,893 £456 15
2001£40,950 £378 7
2000£34,920 £569 10
1999£36,688 £430 12
1998£27,486 £257 7
1997£27,496 £345 13
1996£27,933 £354 9
1995£28,708 £267 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,000 £2,227 1
2023£196,600 £1,684 4
2022£184,212 £1,910 8
2021£191,311 £1,703 10
2020£171,008 £1,467 7
2019£159,574 £1,680 10
2018£181,250 £1,506 6
2017£164,100 £1,377 5
2016£149,000 £1,280 6
2015£183,000 £1,425 3
2014£141,000 £1,407 6
2013£135,467 £1,315 6
2012£142,625 £1,240 8
2011£155,000 £749 1
2010£157,500 £1,654 2
2009£174,999 £1,250 1
2008£184,750 £1,299 2
2007£159,322 £1,490 9
2006£175,447 £1,353 13
2005£155,706 £1,462 26
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£35,000 £614 1
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

House Type in SR8 4SG area

The most common house types in the SR8 4SG 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 4SG 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