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House Prices in SR8

The average house price in SR8 (Peterlee) is £171,499 using HM Land Registry data.

The average property price increased by £2,857 (0.62%) over the last 5 years and increased by £571 (0.12%) over the last 12 months.

Over the last year, there were 359 residential property sales – a decrease of 144 transactions (-40.11%) relative to the previous year. The majority of house sales (124) were in the £70,000 - £110,000 range. Then came properties in the £30,000 - £70,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,925 (-4%).

In Aug 2026, there were 56 new estate agency instructions, 51 agreed home sales and 45 property price reductions.

5-Year Average Property Prices in SR8 (Peterlee)

0.62%

Property prices in SR8 (Peterlee) increased by 0.62% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SR8 (Peterlee) Over the Last Year

0.12%

Property prices in SR8 (Peterlee) increased by 0.12% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for SR8 (Peterlee) - Aug 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SR8 (Peterlee)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SR8 (Peterlee)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SR8 (Peterlee)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SR8 (Peterlee) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SR8 postcode area since 1995.

Recent Sales in SR8 (Peterlee)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
46 Willow Grove, Peterlee, SR8 4SA	£239,995	£235,000	-£4,995	28 Oct 2025	30 Jun 2026	245 Days
35 West Crescent, Peterlee, SR8 3HQ	£114,950	£112,000	-£2,950	09 Mar 2026	30 Jun 2026	113 Days
3 Polden Close, Peterlee, SR8 2LQ	£89,950	£88,000	-£1,950	12 Mar 2026	29 Jun 2026	109 Days
7 The Crescent, Peterlee, SR8 3NE	£95,000	£95,000	£0	05 Mar 2026	26 Jun 2026	113 Days
17 Willerby Grove, Peterlee, SR8 2RN	£179,950	£173,000	-£6,950	12 Feb 2026	26 Jun 2026	134 Days
8 Shakespeare Terrace, Peterlee, SR8 3DT	£180,000	£180,000	£0	18 Jan 2026	25 Jun 2026	158 Days
22 Blackdown Close, Peterlee, SR8 2JW	£95,000	£90,000	-£5,000	12 Dec 2025	24 Jun 2026	194 Days
76 Hatfield Place, Peterlee, SR8 5SX	£90,000	£87,500	-£2,500	09 Mar 2026	24 Jun 2026	107 Days
1 Blanche Grove, Peterlee, SR8 5UA	£170,000	£167,500	-£2,500	28 Nov 2025	22 Jun 2026	206 Days
75 Amersham Crescent, Peterlee, SR8 5JJ	£75,000	£73,500	-£1,500	28 Mar 2026	19 Jun 2026	83 Days
53 Bewley Grove, Peterlee, SR8 1PP	£110,000	£108,000	-£2,000	04 Sep 2025	12 Jun 2026	281 Days
131 Brougham Court, Peterlee, SR8 1PZ	£198,000	£195,000	-£3,000	19 Jan 2026	05 Jun 2026	137 Days
13 Cleveland Place, Peterlee, SR8 2PA	£70,000	£67,000	-£3,000	21 Jan 2026	05 Jun 2026	135 Days
19 Thorpe Street, Peterlee, SR8 3LU	£45,000	£45,000	£0	04 Apr 2026	04 Jun 2026	61 Days
63 Roseby Road, Peterlee, SR8 4RN	£90,000	£85,000	-£5,000	10 Mar 2026	01 Jun 2026	83 Days
132 Pentland Close, Peterlee, SR8 2LE	£95,000	£93,500	-£1,500	16 Sep 2025	29 May 2026	255 Days
42 Tenth Street, Peterlee, SR8 4NE	£30,000	£30,000	£0	11 Dec 2025	29 May 2026	169 Days
15 Gordon Avenue, Horden, SR8 4QN	£60,000	£55,000	-£5,000	19 Feb 2026	27 May 2026	97 Days
46 Alnwick Street, Peterlee, SR8 4BG	£95,000	£89,000	-£6,000	29 Sep 2025	22 May 2026	235 Days
15 Park View, Peterlee, SR8 4DE	£95,000	£88,500	-£6,500	15 Dec 2025	22 May 2026	158 Days

Most Expensive Streets in SR8 (Peterlee)

Postcode	Street	Area	Average	No. of Sales
SR8 3UD	Littlethorpe, Little Thorpe	Peterlee	£447,239	6
SR8 3US	Stonelea Court	Peterlee	£433,333	3
SR8 1NL	Lumley Drive	Peterlee	£381,987	4
SR8 1NN	Marwood Grove	Peterlee	£350,833	6
SR8 1EE	Carrock Close	Peterlee	£328,737	4
SR8 1NQ	Berwick Chase	Peterlee	£325,233	6
SR8 2NH	Lorimers Close	Peterlee	£321,083	6
SR8 1PN	Millom Court	Peterlee	£316,612	4
SR8 1PW	Askerton Drive	Peterlee	£314,447	5
SR8 1BX	Burnside	Peterlee	£301,666	3

Least Expensive Streets in SR8 (Peterlee)

Postcode	Street	Area	Average	No. of Sales
SR8 4LZ	Ninth Street, Horden	Peterlee	£31,000	8
SR8 4QQ	Eleventh Street, Horden	Peterlee	£31,259	31
SR8 4JQ	Seventh Street	Peterlee	£31,787	20
SR8 4LY	Eighth Street, Horden	Peterlee	£32,533	21
SR8 4NF	Tees Street	Peterlee	£33,836	11
SR8 4QH	Twelfth Street, Horden	Peterlee	£35,273	23
SR8 4LX	Seventh Street, Horden	Peterlee	£35,604	24
SR8 4QP	Thirteenth Street, Horden	Peterlee	£35,977	11
SR8 4LA	Fifth Street	Peterlee	£36,147	20
SR8 4JX	Sixth Street, Horden	Peterlee	£37,263	18