Housing Market Analysis for ESSINGTON WAY, SR8 5AZ

Are you looking to understand SR8 5AZ 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 5AZ area, explore the SR8 5AZ Area information page.
For comprehensive crime statistics in the SR8 5AZ area, explore the SR8 5AZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SR8 5AZ postcode area, The average prices are as follows,

  • Other
    • The average price is around £1,400,562 median price is £1,299,000 Standard Deviation is £994,305 with Total Sold: 4
    • The Last 5 Year average price is £1,248,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 2 ESSINGTON WAY: £1,248,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is UNIT 2 ESSINGTON WAY: £2,900,000 (Sold on 31 Mar 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 5AZ 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
2023£1,248,0001
2018£727,1252
2015£2,900,0001

All the Sales in the ESSINGTON WAY, SR8 5AZ

See the table below for more details on the sold house prices in the SR8 5AZ, County Durham postcode.

AddressSold DatePrice% Change
UNIT 2 ESSINGTON WAYOther, Freehold24 Mar 2023£1,248,000-56.97%
31 Mar 2015£2,900,000First Sale
ESSINGTON HOUSE ESSINGTON WAYOther, Freehold19 Mar 2018£104,250First Sale
ACRE RIGG FILLING STATION ESSINGTON WAYOther, Freehold28 Feb 2018£1,350,000First Sale

Check out the sold house prices near the SR8 5AZ postcode. Properties currently for saleProperties currently for rent

ESSINGTON WAY, SR8 5AZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SR8 5AZ 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 5AZ postcode.

  • Semi-Detached
    • The average price is around £75,646 median price is £72,000 Standard Deviation is £30,488 with Total Sold: 637
    • The Last 5 Year average price is £92,292 with Total Sold: 134
    • The most recent sale happened at this postcode is , 26 GARSIDE GROVE: £172,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 10 RAMSEY CLOSE: £10,000 (Sold on 07 Feb 1995)
  • Detached
    • The average price is around £126,471 median price is £131,495 Standard Deviation is £44,841 with Total Sold: 116
    • The Last 5 Year average price is £136,094 with Total Sold: 31
    • The most recent sale happened at this postcode is , 40 SHINWELL DRIVE: £140,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 23 GARSIDE GROVE: £56,500 (Sold on 22 Sep 1995)
  • Terraced
    • The average price is around £64,925 median price is £67,000 Standard Deviation is £24,468 with Total Sold: 300
    • The Last 5 Year average price is £76,160 with Total Sold: 61
    • The most recent sale happened at this postcode is , 20 KENT WALK: £75,000 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is , 33 KENT WALK: £32,000 (Sold on 17 Mar 1995)
  • Flat
    • The average price is around £49,494 median price is £49,500 Standard Deviation is £12,891 with Total Sold: 9
    • The Last 5 Year average price is £47,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 100 ACRE RIGG ROAD: £60,000 (Sold on 18 Aug 2023)
    • The first recorded sale happened at this postcode is , 43 BUCKINGHAM ROAD: £31,000 (Sold on 05 Aug 2002)
  • Other
    • The average price is around £996,105 median price is £784,400 Standard Deviation is £942,141 with Total Sold: 10
    • The Last 5 Year average price is £509,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , UNIT 2 ESSINGTON WAY: £1,248,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is , UNIT 2 ESSINGTON WAY: £2,900,000 (Sold on 31 Mar 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£109,829 £1,291 12
2023£90,209 £1,225 24
2022£105,245 £1,585 22
2021£81,817 £1,143 19
2020£78,926 £1,003 17
2019£91,812 £1,293 40
2018£93,947 £1,351 30
2017£101,134 £1,254 16
2016£89,128 £1,145 25
2015£91,885 £1,173 10
2014£89,767 £1,250 15
2013£90,000 £1,058 4
2012£76,186 £1,362 17
2011£76,971 £1,013 19
2010£84,271 £1,201 9
2009£99,073 £1,368 13
2008£95,588 £1,194 13
2007£107,857 £1,439 27
2006£97,379 £1,242 26
2005£102,081 £1,539 21
2004£73,387 £1,048 19
2003£67,155 £1,136 20
2002£53,397 £773 18
2001£48,700 £728 19
2000£50,439 £615 19
1999£45,612 £604 17
1998£39,322 £468 18
1997£44,019 £574 29
1996£46,875 £695 67
1995£44,131 £586 32
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£143,5002
2023£119,000 £1,587 1
2022£200,000 £2,020 1
2021£128,250 £1,574 4
2020£145,000 £1,918 2
2019£133,805 £1,627 21
2018£131,479 £1,710 12
2017£145,540 £1,609 6
2016£156,500 £1,778 11
2015£152,283 £1,803 3
2014£142,625 £1,160 4
2013£92,500 £1,248 3
2012£111,276 £1,336 9
2011£80,500 £1,118 1
2010£114,995 £1,597 1
2008£145,000 £1,208 1
2007£149,9501
2006£152,000 £2,303 1
2005£206,3333
2004£195,000 £1,378 1
2003£211,5002
2002£105,3805
2001£121,390 £1,033 5
2000£66,750 £706 2
1999£53,750 £471 2
1998£57,9501
1997£61,799 £895 5
1996£60,567 £680 3
1995£56,667 £667 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£76,311 £1,047 9
2022£82,521 £1,061 14
2021£78,994 £1,002 10
2020£78,303 £968 14
2019£65,535 £775 14
2018£60,881 £890 16
2017£70,429 £1,214 7
2016£88,929 £1,112 21
2015£80,450 £998 13
2014£75,117 £1,090 12
2013£55,000 £646 2
2012£76,373 £1,266 8
2011£77,623 £1,330 12
2010£65,624 £912 8
2009£71,000 £726 2
2008£77,569 £842 8
2007£77,388 £1,000 13
2006£85,658 £978 12
2005£62,688 £745 13
2004£65,396 £994 12
2003£40,272 £407 16
2002£40,450 £509 14
2001£41,519 £493 9
2000£34,590 £416 10
1999£32,475 £350 2
1998£36,325 £405 6
1997£34,727 £451 11
1996£32,333 £274 6
1995£31,192 £362 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£60,000 £1,053 1
2021£55,000 £666 1
2019£27,000 £310 1
2013£54,000 £931 1
2012£49,500 £958 1
2008£49,500 £450 1
2007£71,500 £1,521 1
2004£47,950 £827 1
2002£31,000 £534 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,248,0001
2022£80,0001
2021£200,0001
2018£1,042,450 £630 5
2017£320,800 £4,221 1
2015£2,900,0001

House Type in SR8 5AZ area

The most common house types in the SR8 5AZ postcode area are Detached (60), Terraced (59), and Semi-detached (25).

Total150
Detached60
Terraced59
Semi-detached25
Flat6
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 with a mortgage or loan (46), and Social rented: Rents from council or Local Authority (37).

Owned: Owns with a mortgage or loan46
Social rented: Rents from council or Local Authority37
Private rented: Private landlord or letting agency26
Social rented: Other social rented23
Owned: Owns outright14
Shared ownership: Shared ownership1
Private rented: Other private rented1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the SR8 5AZ have 2 people in household (51), and 1 person in household (46).

2 people in household51
1 person in household46
3 people in household28
4 people in household16
5 people in household6
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0