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House Prices in SR8

The average house price in SR8 (Peterlee) is £97,054 using HM Land Registry data.

The average property price increased by £311 (0.62%) over the last 5 years and increased by £62 (0.12%) over the last 12 months.

Over the last year, there were 369 residential property sales – a decrease of 134 transactions (-36.31%) relative to the previous year. The majority of house sales (142) were in the £68,000 - £106,000 range. Then came properties in the £30,000 - £68,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 97 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,073 (-4%).

In Jun 2026, there were 91 new estate agency instructions, 64 agreed home sales and 66 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) - Jun 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
17 Oakfield Gardens, Peterlee, SR8 1BA	£185,000	£185,000	£0	19 Dec 2025	17 Apr 2026	119 Days
4 Thomas Street, Peterlee, SR8 3LT	£55,000	£51,500	-£3,500	04 Jun 2025	17 Apr 2026	317 Days
31 Quantock Place, Peterlee, SR8 2LP	£94,995	£94,995	£0	20 Oct 2025	10 Apr 2026	172 Days
7 Brampton Court, Peterlee, SR8 3XG	£135,000	£129,500	-£5,500	05 Nov 2025	07 Apr 2026	153 Days
19 Dunelm Walk, Peterlee, SR8 5BN	£104,999	£104,999	£0	22 Jan 2026	01 Apr 2026	69 Days
19 Thorntree Gill, Peterlee, SR8 4SP	£160,000	£160,000	£0	22 Aug 2025	27 Mar 2026	217 Days
69 Eastdene Way, Peterlee, SR8 5TL	£150,000	£147,000	-£3,000	07 Jan 2026	27 Mar 2026	79 Days
19 Oak Road, Easington Colliery, SR8 3HR	£115,000	£113,500	-£1,500	29 Dec 2025	27 Mar 2026	88 Days
28 Stainton Way, Peterlee, SR8 2BJ	£120,000	£120,000	£0	12 Dec 2025	25 Mar 2026	103 Days
2 Beach Grove, Peterlee, SR8 4ES	£92,500	£92,500	£0	29 Oct 2025	20 Mar 2026	142 Days
45 Berwick Chase, Peterlee, SR8 1NQ	£275,000	£272,500	-£2,500	04 Apr 2025	16 Mar 2026	346 Days
37 The Coppice, Peterlee, SR8 3NU	£225,000	£225,000	£0	10 Nov 2025	13 Mar 2026	123 Days
36 Crawford Avenue, Peterlee, SR8 5EG	£160,000	£152,000	-£8,000	24 Oct 2025	13 Mar 2026	140 Days
3 Rosetown Avenue, Peterlee, SR8 4ST	£107,500	£102,000	-£5,500	28 Sep 2025	06 Mar 2026	159 Days
6 Liddle Close, Peterlee, SR8 2QD	£189,999	£188,000	-£1,999	29 Aug 2025	06 Mar 2026	189 Days
Tall Trees, The Village, Old Shotton, SR8 2LZ	£395,000	£380,000	-£15,000	20 Aug 2025	03 Mar 2026	195 Days
1 Jarvis Road, Peterlee, SR8 5EJ	£125,000	£123,000	-£2,000	29 Sep 2025	27 Feb 2026	151 Days
16 Ashwood Meadows, Peterlee, SR8 4BF	£160,000	£160,000	£0	21 Oct 2025	25 Feb 2026	127 Days
12 Durham Avenue, Peterlee, SR8 4PY	£95,000	£90,000	-£5,000	16 Jul 2025	24 Feb 2026	223 Days
29 Laburnum Crescent, Peterlee, SR8 3EE	£95,000	£87,000	-£8,000	11 Sep 2025	23 Feb 2026	165 Days

Most Expensive Streets in SR8 (Peterlee)

Postcode	Street	Area	Average	No. of Sales
SR8 3UD	Littlethorpe, Little Thorpe	Peterlee	£490,859	4
SR8 3US	Stonelea Court	Peterlee	£433,333	3
SR8 1NL	Lumley Drive	Peterlee	£381,987	4
SR8 1NN	Marwood Grove	Peterlee	£351,000	5
SR8 1NQ	Berwick Chase	Peterlee	£325,233	6
SR8 2NH	Lorimers Close	Peterlee	£317,357	7
SR8 1PN	Millom Court	Peterlee	£316,612	4
SR8 1EE	Carrock Close	Peterlee	£309,983	3
SR8 1BX	Burnside	Peterlee	£301,666	3
SR8 3FF	North Hill Close	Peterlee	£295,472	29

Least Expensive Streets in SR8 (Peterlee)

Postcode	Street	Area	Average	No. of Sales
SR8 4LZ	Ninth Street, Horden	Peterlee	£30,666	9
SR8 4QQ	Eleventh Street, Horden	Peterlee	£32,001	28
SR8 4LY	Eighth Street, Horden	Peterlee	£33,485	18
SR8 4JQ	Seventh Street	Peterlee	£33,509	20
SR8 4NF	Tees Street	Peterlee	£33,805	9
SR8 4QP	Thirteenth Street, Horden	Peterlee	£35,977	11
SR8 4QH	Twelfth Street, Horden	Peterlee	£36,012	22
SR8 4LA	Fifth Street	Peterlee	£36,147	20
SR8 4JX	Sixth Street, Horden	Peterlee	£38,296	16
SR8 4LX	Seventh Street, Horden	Peterlee	£38,874	24