Welland Close - SR8 1HZ
Key Postcode Insights
SR8 1HZ is a residential postcode situated on Welland Close, Peterlee, SR8 with 19 addresses.
It ranks as the 768th largest and 608th 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 19 properties: 15 houses and 4 flats.
- Ave. Sale Price
- £78,415
- 10 Year change
- up 24.0%
- Ave. Rental Price
- £593pcm
- 10 Year change
- up 40.2%
- Ave. £ per ft²
- £100/ft²
- Ave. Gross Yield
- 9.1%/year/yr
Key Postcode Insights
SR8 1HZ is a residential postcode situated on Welland Close, Peterlee, SR8 with 19 addresses.
It ranks as the 768th largest and 608th 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 19 properties: 15 houses and 4 flats.
- Ave. Sale Price
- £78,415
- 10 Year change
- up 24.0%
- Ave. Rental Price
- £593pcm
- 10 Year change
- up 40.2%
- Ave. £ per ft²
- £100/ft²
- Ave. Gross Yield
- 9.1%/year/yr
Explore Propertiesin SR8 1HZ
- 2 Welland Close
2 Bed Mid-century House
- 4 Welland Close
3 Bed Mid-century House
- 6 Welland Close
House
- 8 Welland Close
3 Bed Mid-century House
- 10 Welland Close
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 1HZ sold for £65,000 on 23rd February 2026. Since then prices are up an average of 25.0%.
The current average value in the postcode is £78,415.
The SR8 1HZ Sales Market has increased by 24.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £78,415 |
| June 2025 | 3.7% | £77,500 |
| June 2024 | 5.2% | £74,704 |
| June 2023 | -2% | £71,037 |
| June 2022 | 11.9% | £72,487 |
| June 2021 | 0.3% | £64,776 |
| June 2020 | 4.9% | £64,565 |
| June 2019 | -2.2% | £61,521 |
| June 2018 | -0.9% | £62,893 |
| June 2017 | 0.4% | £63,464 |
| June 2016 | -2.1% | £63,213 |
| June 2015 | -0.4% | £64,596 |
| June 2014 | 6.2% | £64,882 |
| June 2013 | -3.8% | £61,086 |
| June 2012 | -7.6% | £63,498 |
| June 2011 | -5.6% | £68,700 |
| June 2010 | 0.3% | £72,752 |
| June 2009 | -10.6% | £72,554 |
| June 2008 | 0.3% | £81,194 |
| June 2007 | 0% | £80,915 |
Rental Market Trends
The current average rental value in the postcode is £593.
The SR8 1HZ Rental Market has increased by 40.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £593pcm |
| June 2025 | 3.2% | £577pcm |
| June 2024 | 8.4% | £560pcm |
| June 2023 | 8% | £516pcm |
| June 2022 | 9.8% | £478pcm |
| June 2021 | 1.9% | £435pcm |
| June 2020 | 2% | £427pcm |
| June 2019 | -0.7% | £419pcm |
| June 2018 | 0.2% | £422pcm |
| June 2017 | -0.4% | £421pcm |
| June 2016 | 0.4% | £423pcm |
| June 2015 | -2.1% | £421pcm |
| June 2014 | -0.4% | £430pcm |
| June 2013 | -3% | £432pcm |
| June 2012 | -1.6% | £445pcm |
| June 2011 | 0.1% | £453pcm |
| June 2010 | 0.1% | £452pcm |
| June 2009 | -3.9% | £451pcm |
| June 2008 | 3.7% | £470pcm |
| June 2007 | 0% | £453pcm |
Sales History
The last sale was on 23rd February 2026 for £65,000 and since then the market in the area has increased by 25.0%. The postcode has had a total of 13 sales since 1995.
SR8 1HZ has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£65,000 | 3 Bed House24, Welland Close, Peterlee, SR8 1HZ24, Welland Close, Peterlee, SR8 1HZ
- Sold Dec 2020£77,000 | 3 Bed House22, Welland Close, Peterlee, SR8 1HZ22, Welland Close, Peterlee, SR8 1HZ
- Sold Aug 2018£69,000 | 3 Bed House4, Welland Close, Peterlee, SR8 1HZ4, Welland Close, Peterlee, SR8 1HZ
- Sold Nov 2013£70,000 | 3 Bed House22, Welland Close, Peterlee, SR8 1HZ22, Welland Close, Peterlee, SR8 1HZ
- Sold Jul 2013£48,000 | 3 Bed House14, Welland Close, Peterlee, SR8 1HZ14, Welland Close, Peterlee, SR8 1HZ
Nearby Postcodes
SR8 1HZ is the 768th largest and the 608th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 1JB, Oakerside Drive, Peterlee, SR8SR8 1JB3 Addresses|37 m away
- SR8 1JA, Welland Close, Peterlee, SR8SR8 1JA8 Addresses|42 m away
- SR8 1JE, Oakerside Drive, Peterlee, SR8SR8 1JE3 Addresses|72 m away
- SR8 1HT, Skerne Close, Peterlee, SR8SR8 1HT14 Addresses|74 m away
- SR8 1HU, Welland Close, Peterlee, SR8SR8 1HU6 Addresses|76 m away
Property Types
- 13 mid-century houses built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- 1 early-century flat built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (13)
- mid-century flat (3)
- early-century flat (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (11)
- G (0)
- D (5)
- No EPC (2)
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 School500 m away
- Our Lady of the Rosary Catholic Primary School500 m away
- Howletch Lane Primary School700 m away
- St Bede's Catholic School and Byron Sixth Form College400 m away
- The Academy at Shotton Hall600 m away
- Dene Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to SR8 1HZ is Horden station, which is 2.9 kilometres away.
- Horden|2.9 km away
- Seaham|9.2 km away
- Hartlepool|11.7 km away
- Seaton Carew|14.2 km away
