Housing Market Analysis for THORNES CLOSE, SR8 5RQ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £44,112 median price is £43,225 Standard Deviation is £24,150 with Total Sold: 4
    • The most recent sale happened at this postcode is 6 THORNES CLOSE: £75,000 (Sold on 22 Sep 2017)
    • The first recorded sale happened at this postcode is 5 THORNES CLOSE: £15,000 (Sold on 16 Sep 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average SR8 5RQ 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
2017£75,000 £852 1
2013£59,500 £661 1
1998£20,975 £216 2

All the Sales in the THORNES CLOSE, SR8 5RQ

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

AddressSold DatePrice% Change
6 THORNES CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-197522 Sep 2017£75,000First Sale
7 THORNES CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1950-196609 Oct 2013£59,500First Sale
5 THORNES CLOSETerraced, FreeholdArea: 97 Sq.mtrAge: 1950-196606 Nov 1998£26,95079.67%
16 Sep 1998£15,000First Sale

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

THORNES CLOSE, SR8 5RQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £74,141 median price is £68,250 Standard Deviation is £35,065 with Total Sold: 520
    • The Last 5 Year average price is £95,832 with Total Sold: 143
    • 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 £62,582 median price is £62,500 Standard Deviation is £27,541 with Total Sold: 844
    • The Last 5 Year average price is £80,154 with Total Sold: 206
    • 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)
  • Flat
    • The average price is around £59,942 median price is £53,975 Standard Deviation is £26,546 with Total Sold: 38
    • The Last 5 Year average price is £42,357 with Total Sold: 7
    • 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 £123,552 median price is £128,250 Standard Deviation is £63,151 with Total Sold: 143
    • The Last 5 Year average price is £161,435 with Total Sold: 39
    • 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 , 22 EASTDENE WAY: £59,000 (Sold on 28 Apr 1995)
  • Other
    • The average price is around £194,271 median price is £91,072 Standard Deviation is £246,047 with Total Sold: 16
    • The Last 5 Year average price is £138,586 with Total Sold: 11
    • The most recent sale happened at this postcode is , 59 EASTDENE WAY: £115,000 (Sold on 22 Jan 2024)
    • The first recorded sale happened at this postcode is , BANNATYNE LODGE MANOR WAY: £954,196 (Sold on 15 May 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£96,333 £1,232 9
2023£87,677 £1,135 28
2022£93,156 £1,227 16
2021£95,001 £1,211 40
2020£94,029 £1,182 22
2019£107,958 £1,393 28
2018£78,997 £1,091 17
2017£72,593 £1,072 15
2016£69,792 £923 12
2015£79,045 £892 11
2014£70,667 £877 12
2013£79,395 £971 15
2012£82,864 £1,071 11
2011£70,990 £830 5
2010£79,356 £1,075 9
2009£90,798 £1,108 7
2008£89,582 £1,189 11
2007£94,678 £1,133 20
2006£91,226 £1,110 30
2005£83,491 £959 22
2004£72,034 £1,002 24
2003£63,268 £875 21
2002£51,115 £658 24
2001£41,516 £467 16
2000£42,302 £487 16
1999£38,857 £446 15
1998£33,106 £420 16
1997£44,546 £536 14
1996£39,300 £537 16
1995£34,044 £455 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£79,217 £687 18
2023£71,459 £919 29
2022£79,584 £989 38
2021£74,665 £939 39
2020£82,689 £1,065 44
2019£90,499 £1,204 38
2018£63,178 £774 29
2017£60,271 £805 26
2016£67,164 £807 21
2015£63,735 £805 20
2014£66,058 £770 26
2013£70,122 £828 16
2012£68,167 £841 18
2011£71,621 £854 12
2010£74,870 £971 10
2009£73,640 £988 24
2008£80,590 £1,047 31
2007£83,664 £1,069 45
2006£77,876 £994 40
2005£76,275 £974 34
2004£56,696 £736 46
2003£46,109 £574 30
2002£44,177 £617 47
2001£33,965 £447 26
2000£31,147 £401 29
1999£30,191 £382 23
1998£23,598 £269 25
1997£27,239 £321 24
1996£27,385 £366 19
1995£29,274 £367 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£65,5001
2023£38,000 £974 1
2021£45,500 £781 2
2020£31,000 £509 2
2019£40,000 £952 1
2017£39,950 £695 2
2016£55,000 £1,078 2
2014£54,417 £830 3
2013£40,000 £727 1
2012£43,000 £1,103 1
2008£89,089 £1,570 14
2006£45,000 £900 1
2005£42,483 £589 3
2004£60,0001
2003£26,975 £233 2
1999£11,500 £187 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,5002
2023£146,900 £1,518 6
2022£176,292 £2,075 6
2021£182,406 £1,643 10
2020£171,185 £1,514 6
2019£141,627 £1,607 9
2018£134,000 £1,302 2
2017£183,125 £1,294 4
2016£129,571 £1,130 7
2015£168,167 £1,347 6
2014£101,250 £989 2
2013£157,450 £1,197 4
2012£175,000 £1,335 4
2011£165,000 £993 2
2010£132,000 £1,594 3
2009£135,000 £1,067 1
2008£150,667 £1,113 3
2007£152,158 £1,269 6
2006£120,568 £702 4
2005£120,900 £838 5
2004£126,500 £1,092 2
2003£98,993 £842 7
2002£80,225 £740 4
2001£76,238 £656 4
2000£63,158 £461 6
1999£70,794 £451 9
1998£39,492 £320 6
1997£57,578 £582 9
1996£71,225 £265 2
1995£62,5002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2022£310,000 £3,380 3
2021£155,000 £1,054 1
2020£79,911 £692 4
2019£2,4002
2018£157,424 £6,065 4
2017£954,1961

House Type in SR8 5RQ area

The most common house types in the SR8 5RQ postcode area are Terraced (50), Detached (46), and Semi-detached (42).

Total138
Terraced50
Detached46
Semi-detached42
Flat0
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 (36), and Owned: Owns with a mortgage or loan (32).

Social rented: Rents from council or Local Authority36
Owned: Owns with a mortgage or loan32
Owned: Owns outright26
Private rented: Private landlord or letting agency26
Social rented: Other social rented12
Private rented: Other private rented5
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the SR8 5RQ have 2 people in household (50), and 1 person in household (45).

2 people in household50
1 person in household45
3 people in household28
4 people in household13
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0