Welland Close - SR8 1HU
Key Postcode Insights
SR8 1HU is a residential postcode situated on Welland Close, Peterlee, SR8 with 6 addresses.
It ranks as the 256th largest and 67th most expensive of the 1,284 postcodes in the SR8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 3 houses and 3 flats.
- Ave. Sale Price
- £45,598
- 10 Year change
- up 23.3%
- Ave. Rental Price
- £374pcm
- 10 Year change
- up 39.3%
- Ave. £ per ft²
- £78/ft²
- Ave. Gross Yield
- 9.8%/year/yr
Key Postcode Insights
SR8 1HU is a residential postcode situated on Welland Close, Peterlee, SR8 with 6 addresses.
It ranks as the 256th largest and 67th most expensive of the 1,284 postcodes in the SR8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 3 houses and 3 flats.
- Ave. Sale Price
- £45,598
- 10 Year change
- up 23.3%
- Ave. Rental Price
- £374pcm
- 10 Year change
- up 39.3%
- Ave. £ per ft²
- £78/ft²
- Ave. Gross Yield
- 9.8%/year/yr
Explore Propertiesin SR8 1HU
- 17 Welland Close
2 Bed Mid-century House
- 19 Welland Close
2 Bed Mid-century House
- 21 Welland Close
2 Bed Mid-century House
- 23 Welland Close
2 Bed Mid-century Flat
- 25 Welland Close
2 Bed Mid-century Flat
Sales Market Trends
The current average value in the postcode is £45,598.
The SR8 1HU Sales Market has increased by 23.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £45,598 |
| June 2025 | 3.8% | £45,116 |
| June 2024 | 5.3% | £43,475 |
| June 2023 | -2.2% | £41,301 |
| June 2022 | 12% | £42,250 |
| June 2021 | 0.4% | £37,713 |
| June 2020 | 4.9% | £37,579 |
| June 2019 | -2.2% | £35,812 |
| June 2018 | -1.1% | £36,624 |
| June 2017 | 0.2% | £37,040 |
| June 2016 | -2.1% | £36,974 |
| June 2015 | -0.4% | £37,752 |
| June 2014 | 6.2% | £37,910 |
| June 2013 | -3.9% | £35,698 |
| June 2012 | -7.7% | £37,137 |
| June 2011 | -5.7% | £40,238 |
| June 2010 | 0% | £42,675 |
| June 2009 | -10.9% | £42,687 |
| June 2008 | 0.3% | £47,915 |
| June 2007 | 0% | £47,748 |
Rental Market Trends
The current average rental value in the postcode is £374.
The SR8 1HU Rental Market has increased by 39.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £374pcm |
| June 2025 | 3.2% | £365pcm |
| June 2024 | 8.5% | £353pcm |
| June 2023 | 7.7% | £326pcm |
| June 2022 | 9.9% | £302pcm |
| June 2021 | 2% | £275pcm |
| June 2020 | 2% | £270pcm |
| June 2019 | -0.8% | £264pcm |
| June 2018 | 0% | £266pcm |
| June 2017 | -0.7% | £266pcm |
| June 2016 | 0.4% | £268pcm |
| June 2015 | -2.1% | £267pcm |
| June 2014 | -0.4% | £273pcm |
| June 2013 | -3.1% | £274pcm |
| June 2012 | -1.7% | £283pcm |
| June 2011 | -0.1% | £287pcm |
| June 2010 | -0.2% | £288pcm |
| June 2009 | -4.2% | £288pcm |
| June 2008 | 3.7% | £301pcm |
| June 2007 | 0% | £290pcm |
Nearby Postcodes
SR8 1HU is the 256th largest and the 67th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 1HT, Skerne Close, Peterlee, SR8SR8 1HT14 Addresses|32 m away
- SR8 1HS, Skerne Close, Peterlee, SR8SR8 1HS14 Addresses|52 m away
- SR8 1JA, Welland Close, Peterlee, SR8SR8 1JA8 Addresses|58 m away
- SR8 1HR, Skerne Close, Peterlee, SR8SR8 1HR14 Addresses|68 m away
- SR8 1HX, Welland Close, Peterlee, SR8SR8 1HX10 Addresses|69 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- mid-century house (3)
- mid-century flat (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jan 2024£135,000 | 4 Bed House72, Welland Close, Peterlee, SR8 1HY72, Welland Close, Peterlee, SR8 1HY
- Sold Dec 2005£90,000 | 3 Bed House76, Welland Close, Peterlee, SR8 1HY76, Welland Close, Peterlee, SR8 1HY
- Sold Oct 2010£85,000 | 3 Bed House10, Welland Close, Peterlee, SR8 1HZ10, Welland Close, Peterlee, SR8 1HZ
Schools Nearby
- Shotton Hall Primary School400 m away
- Our Lady of the Rosary Catholic Primary School600 m away
- Howletch Lane Primary School800 m away
- St Bede's Catholic School and Byron Sixth Form College500 m away
- The Academy at Shotton Hall500 m away
- Dene Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to SR8 1HU is Horden station, which is 2.9 kilometres away.
- Horden|2.9 km away
- Seaham|9.3 km away
- Hartlepool|11.6 km away
- Seaton Carew|14.1 km away
