Welland Close - SR8 1JA
Key Postcode Insights
SR8 1JA is a residential postcode situated on Welland Close, Peterlee, SR8 with 8 addresses.
It ranks as the 339th largest and 188th 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
- £65,244
- 10 Year change
- up 22.8%
- Ave. Rental Price
- £502pcm
- 10 Year change
- up 38.8%
- Ave. £ per ft²
- £95/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Key Postcode Insights
SR8 1JA is a residential postcode situated on Welland Close, Peterlee, SR8 with 8 addresses.
It ranks as the 339th largest and 188th 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
- £65,244
- 10 Year change
- up 22.8%
- Ave. Rental Price
- £502pcm
- 10 Year change
- up 38.8%
- Ave. £ per ft²
- £95/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Explore Propertiesin SR8 1JA
- 1 Welland Close
2 Bed Mid-century Flat
- 3 Welland Close
2 Bed Mid-century Flat
- 5 Welland Close
2 Bed Mid-century Flat
- 7 Welland Close
2 Bed Mid-century Flat
- 9 Welland Close
3 Bed Early-century House
Sales Market Trends
The current average value in the postcode is £65,244.
The SR8 1JA Sales Market has increased by 22.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £65,244 |
| June 2025 | 3.7% | £64,539 |
| June 2024 | 5.2% | £62,239 |
| June 2023 | -2.1% | £59,150 |
| June 2022 | 11.6% | £60,417 |
| June 2021 | 0.1% | £54,131 |
| June 2020 | 4.9% | £54,083 |
| June 2019 | -2.2% | £51,553 |
| June 2018 | -1% | £52,736 |
| June 2017 | 0.2% | £53,247 |
| June 2016 | -2% | £53,128 |
| June 2015 | -0.3% | £54,221 |
| June 2014 | 6.2% | £54,380 |
| June 2013 | -3.7% | £51,190 |
| June 2012 | -7.4% | £53,171 |
| June 2011 | -5.4% | £57,443 |
| June 2010 | 0.6% | £60,742 |
| June 2009 | -10.4% | £60,397 |
| June 2008 | 0.3% | £67,385 |
| June 2007 | 0% | £67,157 |
Rental Market Trends
The current average rental value in the postcode is £502.
The SR8 1JA Rental Market has increased by 38.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £502pcm |
| June 2025 | 3.1% | £489pcm |
| June 2024 | 8.5% | £475pcm |
| June 2023 | 7.9% | £437pcm |
| June 2022 | 9.5% | £406pcm |
| June 2021 | 1.7% | £370pcm |
| June 2020 | 1.9% | £364pcm |
| June 2019 | -0.8% | £357pcm |
| June 2018 | 0.2% | £360pcm |
| June 2017 | -0.6% | £359pcm |
| June 2016 | 0.5% | £362pcm |
| June 2015 | -1.9% | £360pcm |
| June 2014 | -0.4% | £367pcm |
| June 2013 | -2.9% | £368pcm |
| June 2012 | -1.4% | £380pcm |
| June 2011 | 0.2% | £385pcm |
| June 2010 | 0.4% | £384pcm |
| June 2009 | -3.6% | £383pcm |
| June 2008 | 3.7% | £397pcm |
| June 2007 | 0% | £383pcm |
Nearby Postcodes
SR8 1JA is the 339th largest and the 188th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 1HT, Skerne Close, Peterlee, SR8SR8 1HT14 Addresses|40 m away
- SR8 1HZ, Welland Close, Peterlee, SR8SR8 1HZ19 Addresses|42 m away
- SR8 1JE, Oakerside Drive, Peterlee, SR8SR8 1JE3 Addresses|50 m away
- SR8 1HU, Welland Close, Peterlee, SR8SR8 1HU6 Addresses|58 m away
- SR8 1JB, Oakerside Drive, Peterlee, SR8SR8 1JB3 Addresses|73 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 4 mid-century flats built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- mid-century house (3)
- mid-century flat (4)
- early-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (2)
- 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 School500 m away
- Our Lady of the Rosary Catholic Primary School500 m away
- Howletch Lane Primary School800 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 1JA 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