Housing Market Analysis for CUMBRIAN WAY, SR8 5PS

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £34,800 median price is £23,500 Standard Deviation is £24,256 with Total Sold: 5
    • The most recent sale happened at this postcode is 48 CUMBRIAN WAY: £82,000 (Sold on 12 Sep 2008)
    • The first recorded sale happened at this postcode is 48 CUMBRIAN WAY: £20,000 (Sold on 05 Dec 1997)
  • Semi-Detached
    • The average price is around £39,975 median price is £39,975 Standard Deviation is £19,975 with Total Sold: 2
    • The most recent sale happened at this postcode is 52 CUMBRIAN WAY: £59,950 (Sold on 18 Feb 2005)
    • The first recorded sale happened at this postcode is 52 CUMBRIAN WAY: £20,000 (Sold on 15 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 5PS 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
2008£82,000 £1,123 1
2002£28,125 £385 2
1999£15,750 £207 1
1997£20,000 £274 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£59,950 £779 1
1995£20,000 £260 1

All the Sales in the CUMBRIAN WAY, SR8 5PS

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

AddressSold DatePrice% Change
48 CUMBRIAN WAYTerraced, FreeholdArea: 73 Sq.mtrAge: 1976-198212 Sep 2008£82,000150.38%
13 Dec 2002£32,75039.36%
05 Nov 2002£23,50017.50%
05 Dec 1997£20,000First Sale
52 CUMBRIAN WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-197518 Feb 2005£59,950199.75%
15 Sep 1995£20,000First Sale
47 CUMBRIAN WAYTerraced, FreeholdArea: 76 Sq.mtrAge: 1967-197502 Feb 1999£15,750First Sale

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

CUMBRIAN WAY, SR8 5PS Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £60,368 median price is £60,000 Standard Deviation is £27,313 with Total Sold: 617
    • The Last 5 Year average price is £77,260 with Total Sold: 121
    • The most recent sale happened at this postcode is , 16 GALLAGHER CRESCENT: £70,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 BURDON PLACE: £25,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £58,581 median price is £59,000 Standard Deviation is £27,279 with Total Sold: 757
    • The Last 5 Year average price is £70,514 with Total Sold: 134
    • The most recent sale happened at this postcode is , 20 BURDON PLACE: £74,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 HATFIELD PLACE: £39,000 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £504,013 median price is £225,000 Standard Deviation is £1,085,246 with Total Sold: 27
    • The Last 5 Year average price is £253,571 with Total Sold: 14
    • The most recent sale happened at this postcode is , PETERLEE SPORTS & SOCIAL CLUB ELLISON ROAD: £50,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , HATFIELD HOUSE ST CUTHBERTS ROAD: £1,177,206 (Sold on 18 Jul 2014)
  • Flat
    • The average price is around £34,368 median price is £33,475 Standard Deviation is £18,164 with Total Sold: 22
    • The Last 5 Year average price is £38,100 with Total Sold: 5
    • The most recent sale happened at this postcode is , 41 BRAITHWAITE ROAD: £65,500 (Sold on 30 Apr 2024)
    • The first recorded sale happened at this postcode is , 34 NESBIT ROAD: £11,500 (Sold on 09 Feb 1999)
  • Detached
    • The average price is around £119,737 median price is £104,000 Standard Deviation is £69,143 with Total Sold: 132
    • The Last 5 Year average price is £171,331 with Total Sold: 21
    • The most recent sale happened at this postcode is , 42 BRAITHWAITE ROAD: £39,000 (Sold on 21 Mar 2024)
    • The first recorded sale happened at this postcode is , 9 BLANCH GROVE: £50,000 (Sold on 28 Sep 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£77,708 £1,192 12
2023£81,905 £1,074 30
2022£75,370 £1,027 27
2021£76,564 £1,032 28
2020£74,166 £1,007 24
2019£60,060 £832 20
2018£61,792 £858 21
2017£65,857 £945 22
2016£61,803 £789 18
2015£56,636 £712 11
2014£59,143 £742 14
2013£59,104 £807 14
2012£67,455 £893 11
2011£72,493 £967 7
2010£71,847 £920 15
2009£67,009 £955 9
2008£81,186 £1,211 21
2007£84,676 £1,084 22
2006£72,784 £955 37
2005£83,208 £961 32
2004£56,230 £796 32
2003£46,255 £590 35
2002£44,145 £603 30
2001£29,955 £393 22
2000£34,736 £458 16
1999£29,562 £436 21
1998£30,139 £426 15
1997£35,475 £441 14
1996£30,209 £375 16
1995£33,151 £448 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£76,727 £687 15
2023£69,812 £910 25
2022£77,294 £918 33
2021£68,550 £820 29
2020£62,937 £824 32
2019£63,543 £820 23
2018£58,258 £738 35
2017£60,216 £809 19
2016£58,085 £754 17
2015£61,086 £773 19
2014£63,026 £755 19
2013£67,829 £799 13
2012£66,353 £815 17
2011£70,940 £841 10
2010£66,041 £881 11
2009£69,433 £948 24
2008£78,643 £1,016 30
2007£85,109 £1,028 45
2006£76,307 £959 36
2005£70,351 £948 31
2004£51,749 £683 44
2003£42,771 £538 33
2002£48,687 £598 47
2001£32,877 £425 28
2000£33,680 £375 20
1999£35,262 £366 24
1998£25,881 £268 28
1997£31,713 £298 19
1996£27,636 £317 16
1995£32,760 £282 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£50,0001
2023£80,0001
2022£336,000 £3,380 5
2021£428,333 £694 3
2020£113,7504
2019£1,208,640 £634 5
2018£358,438 £11,413 4
2017£954,1961
2016£225,0002
2014£1,177,2061
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£65,5001
2023£38,000 £974 1
2020£29,000 £433 3
2019£34,000 £516 2
2017£12,000 £182 1
2014£56,250 £611 1
2012£43,000 £1,103 1
2008£61,450 £1,229 1
2006£45,000 £900 1
2005£42,483 £589 3
2004£60,0001
2003£20,983 £187 3
2001£9,000 £132 1
1999£10,250 £162 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£63,000 £853 2
2023£114,167 £1,163 3
2022£217,000 £1,913 8
2021£173,490 £1,504 5
2020£175,333 £1,463 3
2019£169,488 £1,636 4
2018£185,000 £1,042 2
2017£124,800 £961 5
2016£28,500 £428 2
2015£146,992 £1,350 6
2014£142,625 £1,095 4
2013£137,167 £943 3
2012£138,600 £1,316 5
2011£165,000 £993 2
2010£150,333 £1,643 3
2009£138,000 £1,365 6
2008£146,667 £1,482 6
2007£126,983 £776 3
2006£132,667 £1,172 3
2005£123,723 £1,081 7
2004£132,000 £963 4
2003£109,489 £1,115 9
2002£93,650 £778 5
2001£88,983 £463 3
2000£59,090 £468 5
1999£64,867 £440 6
1998£35,992 £314 6
1997£51,042 £569 6
1996£56,400 £605 5
1995£50,000 £385 1

House Type in SR8 5PS area

The most common house types in the SR8 5PS postcode area are Terraced (71), Semi-detached (28), and Detached (16).

Total126
Terraced71
Semi-detached28
Detached16
Flat11
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (39), and Owned: Owns outright (27).

Social rented: Rents from council or Local Authority39
Owned: Owns outright27
Private rented: Private landlord or letting agency25
Owned: Owns with a mortgage or loan17
Social rented: Other social rented14
Private rented: Other private rented2
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the SR8 5PS have 1 person in household (52), and 2 people in household (37).

1 person in household52
2 people in household37
3 people in household23
4 people in household7
5 people in household6
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0