House Prices in SR8 House Prices in SR8 (Peterlee)

The average house price in SR8 (Peterlee) is £110,971 using HM Land Registry data.

The average property price decreased by £7,161 (-15.85%) over the last 5 years and decreased by £1,431 (-2.57%) over the last 12 months.

Over the last year, there were 382 residential property sales – a decrease of 106 transactions (-27.75%) relative to the previous year. The majority of house sales (133) were in the £66,000 - £102,000 range. Then came properties in the £30,000 - £66,000 range, where 75 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 33 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,831 (-3%).

In May 2025, there were 69 new estate agency instructions, 73 agreed home sales and 35 property price reductions.

5-Year Average Property Prices in SR8 (Peterlee)

15.85%

Property prices in SR8 (Peterlee) increased by 15.85% 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

2.57%

Property prices in SR8 (Peterlee) increased by 2.57% 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.

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).

Property Market Heat Gauge for SR8 (Peterlee) - May 2025

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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Hawthorn Street, Peterlee, County Durham, SR8 3LY£59,950£54,950-£5,00003 Sep 202421 Feb 2025171 Days
14 Avon Street, Easington Colliery, Peterlee, County Durham, SR8 3PX£49,995£39,995-£10,00006 Nov 202318 Feb 2025470 Days
1 Elsdon Close, Peterlee, County Durham, SR8 1NE£289,999£275,000-£14,99916 Jul 202417 Feb 2025216 Days
14 Holm Hill Gardens, Easington Colliery, Peterlee, County Durham, SR8 3JT£120,000£115,000-£5,00030 Aug 202417 Feb 2025171 Days
25 Askerton Drive, Peterlee, County Durham, SR8 1PW£375,000£375,000£027 Jun 202414 Feb 2025232 Days
1 Berwick Chase, Peterlee, County Durham, SR8 1NB£335,000£325,000-£10,00012 Aug 202406 Feb 2025178 Days
6 Ennerdale Close, Peterlee, County Durham, SR8 5QA£89,999£82,105-£7,89412 Aug 202405 Feb 2025177 Days
90 Brougham Court, Peterlee, County Durham, SR8 1PS£299,950£292,000-£7,95015 May 202431 Jan 2025261 Days
70 Cheviot Place, Peterlee, County Durham, SR8 2PG£85,000£77,000-£8,00017 Sep 202420 Dec 202494 Days
6 Dixon Rise, Horden, Peterlee, County Durham, SR8 4HX£99,950£99,950£030 Aug 202419 Dec 2024111 Days
3 Newark Close, Peterlee, County Durham, SR8 2AS£105,000£105,000£021 Aug 202417 Dec 2024118 Days
22 Thorpe Road, Easington, Peterlee, County Durham, SR8 3UA£159,999£155,000-£4,99925 Jul 202417 Dec 2024145 Days
8 North Crescent, Peterlee, County Durham, SR8 3EQ£85,000£83,000-£2,00019 Aug 202416 Dec 2024119 Days
15 The Grove, Peterlee, County Durham, SR8 3BU£229,950£190,000-£39,95003 Jun 202413 Dec 2024193 Days
31 Hatfield Place, Peterlee, County Durham, SR8 5SY£67,500£63,000-£4,50006 Oct 202412 Dec 202467 Days
37 Bewley Grove, Peterlee, County Durham, SR8 1PP£229,995£222,500-£7,49503 Jul 202406 Dec 2024156 Days
85 Pentland Close, Peterlee, County Durham, SR8 2LB£70,000£68,000-£2,00006 Jun 202406 Dec 2024183 Days
181 Hatfield Place, Peterlee, County Durham, SR8 5TB£105,000£100,000-£5,00019 Sep 202406 Dec 202478 Days
15 Carrock Close, Peterlee, County Durham, SR8 1EE£299,950£299,950£028 Aug 202405 Dec 202499 Days
11 Adam Street, Horden, Peterlee, County Durham, SR8 4EU£145,000£132,000-£13,00012 Jun 202405 Dec 2024176 Days

Most Expensive Streets in SR8 (Peterlee)

PostcodeStreetAreaAverageNo. of Sales
SR8 3UDLittlethorpe, Little ThorpePeterlee£360,8594
SR8 1LUBrancepeth CharePeterlee£357,5003
SR8 1NQBerwick ChasePeterlee£318,7805
SR8 1PWAskerton DrivePeterlee£314,4005
SR8 2NHLorimers ClosePeterlee£312,3128
SR8 1NNMarwood GrovePeterlee£307,5006
SR8 3UZBrook FieldsPeterlee£303,43111
SR8 1PJEgremont GrovePeterlee£303,3333
SR8 3UYNursery GardensPeterlee£302,3163
SR8 1PNMillom CourtPeterlee£283,2905

Least Expensive Streets in SR8 (Peterlee)

PostcodeStreetAreaAverageNo. of Sales
SR8 4LZNinth Street, HordenPeterlee£27,76913
SR8 4JQSeventh StreetPeterlee£31,29022
SR8 4NFTees StreetPeterlee£32,71113
SR8 4QQEleventh Street, HordenPeterlee£33,17429
SR8 4LYEighth Street, HordenPeterlee£33,49919
SR8 4JXSixth Street, HordenPeterlee£33,67019
SR8 4QHTwelfth Street, HordenPeterlee£34,64922
SR8 4LAFifth StreetPeterlee£35,08124
SR8 4NAWarren Street, HordenPeterlee£35,77615
SR8 4EPBraemar TerracePeterlee£35,9287

Explore SR8 (Peterlee) using map

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