Medway Close - SR8 1EZ
Key Street Insights
Medway Close is a residential street with 9 addresses.
It ranks as the 199th largest and 191st most expensive of the 894 streets in the SR8 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £76,499
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £606pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £98/ft²
- Ave. Gross Yield
- 9.5%/year/yr
Key Street Insights
Medway Close is a residential street with 9 addresses.
It ranks as the 199th largest and 191st most expensive of the 894 streets in the SR8 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £76,499
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £606pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £98/ft²
- Ave. Gross Yield
- 9.5%/year/yr
Explore Propertieson Medway Close, Peterlee, SR8
- 1 Medway Close
2 Bed Mid-century House
- 2 Medway Close
2 Bed Mid-century House
- 3 Medway Close
2 Bed Mid-century House
- 4 Medway Close
3 Bed Mid-century House
- 5 Medway Close
2 Bed Mid-century House
Sales Market Trends
The last sale on Medway Close sold for £65,000 on 7th August 2024. Since then prices are up an average of 5.4%.
The current average value in the street is £76,499.
The Medway Close Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £76,499 |
| June 2025 | 3.9% | £75,356 |
| June 2024 | 4.7% | £72,510 |
| June 2023 | -1% | £69,231 |
| June 2022 | 12.9% | £69,952 |
| June 2021 | 1.3% | £61,978 |
| June 2020 | 5.2% | £61,180 |
| June 2019 | -1.6% | £58,134 |
| June 2018 | -0.3% | £59,067 |
| June 2017 | 1.3% | £59,219 |
| June 2016 | -1.6% | £58,472 |
| June 2015 | 0.4% | £59,400 |
| June 2014 | 6.7% | £59,159 |
| June 2013 | -3.2% | £55,443 |
| June 2012 | -7.3% | £57,264 |
| June 2011 | -5.2% | £61,795 |
| June 2010 | 1.7% | £65,183 |
| June 2009 | -9.8% | £64,069 |
| June 2008 | 0.8% | £71,048 |
| June 2007 | 0% | £70,454 |
Rental Market Trends
The current average rental value in the street is £606.
The Medway Close Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £606pcm |
| June 2025 | 3.4% | £588pcm |
| June 2024 | 8% | £569pcm |
| June 2023 | 9% | £527pcm |
| June 2022 | 10.7% | £483pcm |
| June 2021 | 2.9% | £436pcm |
| June 2020 | 2.3% | £424pcm |
| June 2019 | -0.1% | £415pcm |
| June 2018 | 0.9% | £415pcm |
| June 2017 | 0.4% | £412pcm |
| June 2016 | 0.9% | £410pcm |
| June 2015 | -1.3% | £406pcm |
| June 2014 | 0.1% | £411pcm |
| June 2013 | -2.4% | £411pcm |
| June 2012 | -1.3% | £421pcm |
| June 2011 | 0.5% | £426pcm |
| June 2010 | 1.6% | £424pcm |
| June 2009 | -3% | £418pcm |
| June 2008 | 4.2% | £431pcm |
| June 2007 | 0% | £413pcm |
Sales History
The last sale was on 7th August 2024 for £65,000 and since then the market in the area has increased by 5.4%. The street has had a total of 9 sales since 1995.
Medway Close, Peterlee, SR8 has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Aug 2024£65,000 | 3 Bed House10, Medway Close, Peterlee, SR8 1EZ10, Medway Close, Peterlee, SR8 1EZ
- Sold Feb 2023£84,000 | 3 Bed House4, Medway Close, Peterlee, SR8 1EZ4, Medway Close, Peterlee, SR8 1EZ
- Sold Nov 2021£67,000 | 3 Bed House6, Medway Close, Peterlee, SR8 1EZ6, Medway Close, Peterlee, SR8 1EZ
- Sold Jan 2020£63,000 | 3 Bed House6, Medway Close, Peterlee, SR8 1EZ6, Medway Close, Peterlee, SR8 1EZ
- Sold Jan 2010£120,000 | 4 Bed House12, Medway Close, Peterlee, SR8 1EZ12, Medway Close, Peterlee, SR8 1EZ
Top 3 Most Expensive Sales
- Sold Sep 2008£122,950 | 4 Bed House12, Medway Close, Peterlee, SR8 1EZ12, Medway Close, Peterlee, SR8 1EZ
- Sold Jan 2010£120,000 | 4 Bed House12, Medway Close, Peterlee, SR8 1EZ12, Medway Close, Peterlee, SR8 1EZ
- Sold Feb 2023£84,000 | 3 Bed House4, Medway Close, Peterlee, SR8 1EZ4, Medway Close, Peterlee, SR8 1EZ
Nearby Streets
Medway Close, Peterlee, SR8 is the 199th largest and the 191st most expensive street in the SR8 area.
- Wansbeck Court, Peterlee, SR814 Addresses|89 m away
- Skerne Close, Peterlee, SR842 Addresses|96 m away
- Tees Close, Peterlee, SR838 Addresses|110 m away
- Welland Close, Peterlee, SR862 Addresses|162 m away
- Leven Walk, Peterlee, SR842 Addresses|206 m away
- Oakerside Drive, Peterlee, SR8129 Addresses|236 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (8)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (3)
- No EPC (1)
Schools Nearby
- Shotton Hall Primary School500 m away
- Our Lady of the Rosary Catholic Primary School600 m away
- Howletch Lane Primary School900 m away
- St Bede's Catholic School and Byron Sixth Form College600 m away
- The Academy at Shotton Hall600 m away
- Dene Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to Medway Close, Peterlee, SR8 - SR8 1EZ is Horden station, which is 2.8 kilometres away.
- Horden|2.8 km away
- Seaham|9.4 km away
- Hartlepool|11.5 km away
