Oakerside Drive - SR8 1JT
Key Postcode Insights
SR8 1JT is a residential postcode situated on Oakerside Drive, Peterlee, SR8 with 10 addresses.
It ranks as the 425th largest and 457th 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 10 properties: 10 houses.
- Ave. Sale Price
- £83,682
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £642pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £89/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Key Postcode Insights
SR8 1JT is a residential postcode situated on Oakerside Drive, Peterlee, SR8 with 10 addresses.
It ranks as the 425th largest and 457th 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 10 properties: 10 houses.
- Ave. Sale Price
- £83,682
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £642pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £89/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Explore Propertiesin SR8 1JT
- 62 Oakerside Drive
3 Bed Modern House
- 64 Oakerside Drive
4 Bed Mid-century House
- 66 Oakerside Drive
2 Bed Mid-century House
- 68 Oakerside Drive
2 Bed Mid-century House
- 70 Oakerside Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 1JT sold for £45,000 on 21st October 2019. Since then prices are up an average of 31.0%.
The current average value in the postcode is £83,682.
The SR8 1JT Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £83,682 |
| June 2025 | 3.9% | £82,432 |
| June 2024 | 4.7% | £79,319 |
| June 2023 | -1% | £75,732 |
| June 2022 | 12.9% | £76,520 |
| June 2021 | 1.3% | £67,798 |
| June 2020 | 5.2% | £66,925 |
| June 2019 | -1.6% | £63,593 |
| June 2018 | -0.3% | £64,613 |
| June 2017 | 1.3% | £64,780 |
| June 2016 | -1.6% | £63,962 |
| June 2015 | 0.4% | £64,978 |
| June 2014 | 6.7% | £64,714 |
| June 2013 | -3.2% | £60,649 |
| June 2012 | -7.3% | £62,641 |
| June 2011 | -5.2% | £67,598 |
| June 2010 | 1.7% | £71,304 |
| June 2009 | -9.8% | £70,085 |
| June 2008 | 0.8% | £77,719 |
| June 2007 | 0% | £77,069 |
Rental Market Trends
The current average rental value in the postcode is £642.
The SR8 1JT Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £642pcm |
| June 2025 | 3.4% | £623pcm |
| June 2024 | 8% | £603pcm |
| June 2023 | 9% | £559pcm |
| June 2022 | 10.7% | £512pcm |
| June 2021 | 2.9% | £463pcm |
| June 2020 | 2.3% | £449pcm |
| June 2019 | -0.1% | £440pcm |
| June 2018 | 0.9% | £440pcm |
| June 2017 | 0.4% | £436pcm |
| June 2016 | 0.9% | £434pcm |
| June 2015 | -1.3% | £430pcm |
| June 2014 | 0.1% | £436pcm |
| June 2013 | -2.4% | £435pcm |
| June 2012 | -1.3% | £446pcm |
| June 2011 | 0.5% | £452pcm |
| June 2010 | 1.6% | £450pcm |
| June 2009 | -3% | £443pcm |
| June 2008 | 4.2% | £457pcm |
| June 2007 | 0% | £438pcm |
Sales History
The last sale was on 21st October 2019 for £45,000 and since then the market in the area has increased by 31.0%. The postcode has had a total of 7 sales since 1995.
SR8 1JT has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2019£45,000 | 3 Bed House70, Oakerside Drive, Peterlee, SR8 1JT70, Oakerside Drive, Peterlee, SR8 1JT
- Sold Jun 2016£54,000 | 3 Bed House62, Oakerside Drive, Peterlee, SR8 1JT62, Oakerside Drive, Peterlee, SR8 1JT
- Sold Feb 2016£83,000 | 4 Bed House64, Oakerside Drive, Peterlee, SR8 1JT64, Oakerside Drive, Peterlee, SR8 1JT
- Sold Aug 2013£78,000 | 4 Bed House64, Oakerside Drive, Peterlee, SR8 1JT64, Oakerside Drive, Peterlee, SR8 1JT
- Sold May 2012£67,000 | 3 Bed House72, Oakerside Drive, Peterlee, SR8 1JT72, Oakerside Drive, Peterlee, SR8 1JT
Nearby Postcodes
SR8 1JT is the 425th largest and the 457th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 1JU, Severn Close, Peterlee, SR8SR8 1JU13 Addresses|50 m away
- SR8 1JS, Oakerside Drive, Peterlee, SR8SR8 1JS6 Addresses|61 m away
- SR8 1LA, Severn Close, Peterlee, SR8SR8 1LA2 Addresses|65 m away
- SR8 1JR, Oakerside Drive, Peterlee, SR8SR8 1JR7 Addresses|86 m away
- SR8 1LB, Severn Close, Peterlee, SR8SR8 1LB8 Addresses|99 m away
Property Types
- 1 modern house built after 1980
- 6 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (1)
- mid-century house (6)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (1)
- C (3)
- G (0)
- D (1)
- No EPC (3)
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 School200 m away
- Our Lady of the Rosary Catholic Primary School900 m away
- Howletch Lane Primary School1.0 km away
- The Academy at Shotton Hall300 m away
- St Bede's Catholic School and Byron Sixth Form College800 m away
- Dene Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to SR8 1JT is Horden station, which is 3.1 kilometres away.
- Horden|3.1 km away
- Seaham|9.6 km away
- Hartlepool|11.5 km away
- Seaton Carew|13.9 km away
