Springbank - SR8 1FA
Key Street Insights
Springbank is a residential street with 58 addresses.
It ranks as the 806th largest and 615th most expensive of the 894 streets in the SR8 area. The most common property type is a modern house built after 1980.
The street contains a total of 58 properties: 58 houses.
- Ave. Sale Price
- £164,712
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £910pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £179/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Street Insights
Springbank is a residential street with 58 addresses.
It ranks as the 806th largest and 615th most expensive of the 894 streets in the SR8 area. The most common property type is a modern house built after 1980.
The street contains a total of 58 properties: 58 houses.
- Ave. Sale Price
- £164,712
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £910pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £179/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertieson Springbank, Peterlee, SR8
- 1 Springbank
3 Bed Modern House
- 2 Springbank
3 Bed Modern House
- 3 Springbank
3 Bed Modern House
- 4 Springbank
3 Bed Modern House
- 5 Springbank
3 Bed Modern House
Sales Market Trends
The last sale on Springbank sold for £139,000 on 12th February 2026. Since then prices are up an average of 3.7%.
The current average value in the street is £164,712.
The Springbank Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £164,712 |
| June 2025 | 3.7% | £162,890 |
| June 2024 | 4.6% | £157,043 |
| June 2023 | -0.9% | £150,101 |
| June 2022 | 12.1% | £151,449 |
| June 2021 | 0.9% | £135,126 |
| June 2020 | 5.1% | £133,953 |
| June 2019 | -1.6% | £127,496 |
| June 2018 | 0% | £129,531 |
| June 2017 | 1.4% | £129,560 |
| June 2016 | -1.6% | £127,774 |
| June 2015 | 0.8% | £129,852 |
| June 2014 | 7% | £128,758 |
| June 2013 | -2.9% | £120,292 |
| June 2012 | -6.9% | £123,935 |
| June 2011 | -4.8% | £133,094 |
| June 2010 | 2.6% | £139,832 |
| June 2009 | -9.1% | £136,305 |
| June 2008 | 0.8% | £149,929 |
| June 2007 | 0% | £148,706 |
Rental Market Trends
The current average rental value in the street is £910.
The Springbank Rental Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £910pcm |
| June 2025 | 3.1% | £888pcm |
| June 2024 | 7.8% | £861pcm |
| June 2023 | 9.2% | £798pcm |
| June 2022 | 10% | £731pcm |
| June 2021 | 2.5% | £665pcm |
| June 2020 | 2.1% | £648pcm |
| June 2019 | -0.1% | £635pcm |
| June 2018 | 1.1% | £635pcm |
| June 2017 | 0.5% | £628pcm |
| June 2016 | 0.9% | £625pcm |
| June 2015 | -0.8% | £619pcm |
| June 2014 | 0.3% | £624pcm |
| June 2013 | -2.1% | £622pcm |
| June 2012 | -0.8% | £636pcm |
| June 2011 | 0.9% | £641pcm |
| June 2010 | 2.5% | £635pcm |
| June 2009 | -2.2% | £620pcm |
| June 2008 | 4.1% | £634pcm |
| June 2007 | 0% | £609pcm |
Sales History
The last sale was on 12th February 2026 for £139,000 and since then the market in the area has increased by 3.7%. The street has had a total of 84 sales since 1995.
Springbank, Peterlee, SR8 has seen 9 sales in the last three years and 2 sales in the last twelve months.
- Sold Feb 2026£139,000 | 3 Bed House30, Springbank, Peterlee, SR8 1FA30, Springbank, Peterlee, SR8 1FA
- Sold Jan 2026£145,000 | 3 Bed House32, Springbank, Peterlee, SR8 1FA32, Springbank, Peterlee, SR8 1FA
- Sold Mar 2025£229,000 | 4 Bed House44, Springbank, Peterlee, SR8 1FA44, Springbank, Peterlee, SR8 1FA
- Sold Mar 2025£135,000 | 3 Bed House24, Springbank, Peterlee, SR8 1FA24, Springbank, Peterlee, SR8 1FA
- Sold Mar 2025£127,000 | 3 Bed House11, Springbank, Peterlee, SR8 1FA11, Springbank, Peterlee, SR8 1FA
Top 3 Most Expensive Sales
- Sold Jun 2015£244,950 | 4 Bed House25, Springbank, Peterlee, SR8 1FA25, Springbank, Peterlee, SR8 1FA
- Sold Mar 2025£229,000 | 4 Bed House44, Springbank, Peterlee, SR8 1FA44, Springbank, Peterlee, SR8 1FA
- Sold Feb 2017£228,000 | 2 Bed House45, Springbank, Peterlee, SR8 1FA45, Springbank, Peterlee, SR8 1FA
Nearby Streets
Springbank, Peterlee, SR8 is the 806th largest and the 615th most expensive street in the SR8 area.
- Woodfield, Peterlee, SR821 Addresses|90 m away
- Burnside, Peterlee, SR89 Addresses|135 m away
- Stainton Way, Peterlee, SR848 Addresses|138 m away
- Montfalcon Close, Peterlee, SR811 Addresses|193 m away
- Spire Hollin, Peterlee, SR827 Addresses|227 m away
- Tweed Close, Peterlee, SR831 Addresses|235 m away
Property Types
- 58 modern houses built after 1980
- modern house (58)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 58 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (50)
- F (0)
- C (8)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Our Lady of the Rosary Catholic Primary School200 m away
- Howletch Lane Primary School700 m away
- Acre Rigg Infant School900 m away
- St Bede's Catholic School and Byron Sixth Form College400 m away
- The Academy at Shotton Hall1.3 km away
- Dene Academy1.6 km away
More reading links
Public Transport Nearby
The closest station to Springbank, Peterlee, SR8 - SR8 1FA is Horden station, which is 2.5 kilometres away.
- Horden|2.5 km away
- Seaham|8.6 km away
- Hartlepool|11.9 km away
