Oakerside Drive - SR8 1HB
Key Postcode Insights
SR8 1HB is a residential postcode situated on Oakerside Drive, Peterlee, SR8 with 8 addresses.
It ranks as the 337th largest and 145th most expensive of the 1,284 postcodes in the SR8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
- Ave. Sale Price
- £59,669
- 10 Year change
- up 22.8%
- Ave. Rental Price
- £476pcm
- 10 Year change
- up 38.8%
- Ave. £ per ft²
- £92/ft²
- Ave. Gross Yield
- 9.6%/year/yr
Key Postcode Insights
SR8 1HB is a residential postcode situated on Oakerside Drive, Peterlee, SR8 with 8 addresses.
It ranks as the 337th largest and 145th most expensive of the 1,284 postcodes in the SR8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
- Ave. Sale Price
- £59,669
- 10 Year change
- up 22.8%
- Ave. Rental Price
- £476pcm
- 10 Year change
- up 38.8%
- Ave. £ per ft²
- £92/ft²
- Ave. Gross Yield
- 9.6%/year/yr
Explore Propertiesin SR8 1HB
- 16 Oakerside Drive
3 Bed Mid-century House
- 18 Oakerside Drive
3 Bed Mid-century House
- 20 Oakerside Drive
House
- 22 Oakerside Drive
3 Bed Mid-century House
- 24 Oakerside Drive
2 Bed Mid-century Flat
Sales Market Trends
The last sale in SR8 1HB sold for £78,000 on 2nd March 2026. Since then prices are up an average of 2.4%.
The current average value in the postcode is £59,669.
The SR8 1HB Sales Market has increased by 22.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £59,669 |
| June 2025 | 3.7% | £59,025 |
| June 2024 | 5.2% | £56,921 |
| June 2023 | -2.1% | £54,096 |
| June 2022 | 11.6% | £55,255 |
| June 2021 | 0.1% | £49,506 |
| June 2020 | 4.9% | £49,462 |
| June 2019 | -2.2% | £47,148 |
| June 2018 | -1% | £48,230 |
| June 2017 | 0.2% | £48,697 |
| June 2016 | -2% | £48,589 |
| June 2015 | -0.3% | £49,588 |
| June 2014 | 6.2% | £49,734 |
| June 2013 | -3.7% | £46,816 |
| June 2012 | -7.4% | £48,628 |
| June 2011 | -5.4% | £52,535 |
| June 2010 | 0.6% | £55,552 |
| June 2009 | -10.4% | £55,237 |
| June 2008 | 0.3% | £61,628 |
| June 2007 | 0% | £61,419 |
Rental Market Trends
The current average rental value in the postcode is £476.
The SR8 1HB Rental Market has increased by 38.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £476pcm |
| June 2025 | 3.1% | £464pcm |
| June 2024 | 8.5% | £450pcm |
| June 2023 | 7.9% | £415pcm |
| June 2022 | 9.5% | £385pcm |
| June 2021 | 1.7% | £351pcm |
| June 2020 | 1.9% | £345pcm |
| June 2019 | -0.8% | £339pcm |
| June 2018 | 0.2% | £341pcm |
| June 2017 | -0.6% | £341pcm |
| June 2016 | 0.5% | £343pcm |
| June 2015 | -1.9% | £341pcm |
| June 2014 | -0.4% | £348pcm |
| June 2013 | -2.9% | £349pcm |
| June 2012 | -1.4% | £360pcm |
| June 2011 | 0.2% | £365pcm |
| June 2010 | 0.4% | £364pcm |
| June 2009 | -3.6% | £363pcm |
| June 2008 | 3.7% | £376pcm |
| June 2007 | 0% | £363pcm |
Sales History
The last sale was on 2nd March 2026 for £78,000 and since then the market in the area has increased by 2.4%. The postcode has had a total of 4 sales since 1995.
SR8 1HB has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£78,000 | 3 Bed House18, Oakerside Drive, Peterlee, SR8 1HB18, Oakerside Drive, Peterlee, SR8 1HB
- Sold Apr 2009£68,000 | 3 Bed House16, Oakerside Drive, Peterlee, SR8 1HB16, Oakerside Drive, Peterlee, SR8 1HB
- Sold Jan 2006£65,000 | 3 Bed House18, Oakerside Drive, Peterlee, SR8 1HB18, Oakerside Drive, Peterlee, SR8 1HB
- Sold Jan 1996£26,500 | 3 Bed House18, Oakerside Drive, Peterlee, SR8 1HB18, Oakerside Drive, Peterlee, SR8 1HB
Nearby Postcodes
SR8 1HB is the 337th largest and the 145th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 1HE, Tees Close, Peterlee, SR8SR8 1HE10 Addresses|24 m away
- SR8 1HD, Tees Close, Peterlee, SR8SR8 1HD8 Addresses|66 m away
- SR8 1HA, Oakerside Drive, Peterlee, SR8SR8 1HA4 Addresses|69 m away
- SR8 1EZ, Medway Close, Peterlee, SR8SR8 1EZ9 Addresses|74 m away
- SR8 1HW, Tees Close, Peterlee, SR8SR8 1HW11 Addresses|83 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 4 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (3)
- mid-century flat (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (3)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Mar 2008£103,000 | 3 Bed House60, Oakerside Drive, Peterlee, SR8 1JS60, Oakerside Drive, Peterlee, SR8 1JS
- Sold Oct 2021£99,950 | 3 Bed House65, Oakerside Drive, Peterlee, SR8 1JP65, Oakerside Drive, Peterlee, SR8 1JP
- Sold Apr 2026£98,000 | 3 Bed House126, Oakerside Drive, Peterlee, SR8 1LD126, Oakerside Drive, Peterlee, SR8 1LD
Schools Nearby
- Shotton Hall Primary School400 m away
- Our Lady of the Rosary Catholic Primary School700 m away
- Howletch Lane Primary School900 m away
- The Academy at Shotton Hall500 m away
- St Bede's Catholic School and Byron Sixth Form College600 m away
- Dene Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to SR8 1HB is Horden station, which is 2.9 kilometres away.
- Horden|2.9 km away
- Seaham|9.4 km away
- Hartlepool|11.5 km away
- Seaton Carew|14.0 km away
