Severn Close - SR8 1JU
Key Postcode Insights
SR8 1JU is a residential postcode situated on Severn Close, Peterlee, SR8 with 13 addresses.
It ranks as the 559th largest and 705th 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 13 properties: 12 houses and 1 flat.
- Ave. Sale Price
- £97,119
- 10 Year change
- up 25.9%
- Ave. Rental Price
- £696pcm
- 10 Year change
- up 42.3%
- Ave. £ per ft²
- £108/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Key Postcode Insights
SR8 1JU is a residential postcode situated on Severn Close, Peterlee, SR8 with 13 addresses.
It ranks as the 559th largest and 705th 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 13 properties: 12 houses and 1 flat.
- Ave. Sale Price
- £97,119
- 10 Year change
- up 25.9%
- Ave. Rental Price
- £696pcm
- 10 Year change
- up 42.3%
- Ave. £ per ft²
- £108/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Explore Propertiesin SR8 1JU
- 3 Severn Close
3 Bed Mid-century House
- 4 Severn Close
3 Bed Mid-century House
- 5 Severn Close
3 Bed Modern House
- 6 Severn Close
3 Bed Mid-century House
- 7 Severn Close
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 1JU sold for £76,000 on 31st October 2024. Since then prices are up an average of 15.5%.
The current average value in the postcode is £97,119.
The SR8 1JU Sales Market has increased by 25.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £97,119 |
| June 2025 | 3.8% | £95,932 |
| June 2024 | 5.1% | £92,394 |
| June 2023 | -1.8% | £87,933 |
| June 2022 | 12.3% | £89,551 |
| June 2021 | 0.7% | £79,726 |
| June 2020 | 5% | £79,180 |
| June 2019 | -2% | £75,377 |
| June 2018 | -0.8% | £76,912 |
| June 2017 | 0.6% | £77,544 |
| June 2016 | -1.9% | £77,112 |
| June 2015 | -0.1% | £78,594 |
| June 2014 | 6.4% | £78,699 |
| June 2013 | -3.6% | £73,987 |
| June 2012 | -7.6% | £76,777 |
| June 2011 | -5.5% | £83,070 |
| June 2010 | 0.6% | £87,933 |
| June 2009 | -10.5% | £87,422 |
| June 2008 | 0.5% | £97,713 |
| June 2007 | 0% | £97,213 |
Rental Market Trends
The current average rental value in the postcode is £696.
The SR8 1JU Rental Market has increased by 42.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £696pcm |
| June 2025 | 3.3% | £678pcm |
| June 2024 | 8.3% | £657pcm |
| June 2023 | 8.2% | £606pcm |
| June 2022 | 10.2% | £560pcm |
| June 2021 | 2.3% | £508pcm |
| June 2020 | 2.1% | £497pcm |
| June 2019 | -0.5% | £487pcm |
| June 2018 | 0.3% | £489pcm |
| June 2017 | -0.3% | £488pcm |
| June 2016 | 0.6% | £489pcm |
| June 2015 | -1.8% | £486pcm |
| June 2014 | -0.3% | £495pcm |
| June 2013 | -2.8% | £496pcm |
| June 2012 | -1.6% | £511pcm |
| June 2011 | 0.1% | £519pcm |
| June 2010 | 0.5% | £518pcm |
| June 2009 | -3.8% | £516pcm |
| June 2008 | 3.8% | £536pcm |
| June 2007 | 0% | £516pcm |
Sales History
The last sale was on 31st October 2024 for £76,000 and since then the market in the area has increased by 15.5%. The postcode has had a total of 10 sales since 1995.
SR8 1JU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2024£76,000 | 3 Bed House5, Severn Close, Peterlee, SR8 1JU5, Severn Close, Peterlee, SR8 1JU
- Sold Jan 2022£86,000 | 3 Bed House10, Severn Close, Peterlee, SR8 1JU10, Severn Close, Peterlee, SR8 1JU
- Sold Jan 2018£82,000 | 3 Bed House10, Severn Close, Peterlee, SR8 1JU10, Severn Close, Peterlee, SR8 1JU
- Sold Mar 2015£78,500 | 3 Bed House9, Severn Close, Peterlee, SR8 1JU9, Severn Close, Peterlee, SR8 1JU
- Sold May 2012£72,000 | 3 Bed House9, Severn Close, Peterlee, SR8 1JU9, Severn Close, Peterlee, SR8 1JU
Nearby Postcodes
SR8 1JU is the 559th largest and the 705th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 1JT, Oakerside Drive, Peterlee, SR8SR8 1JT10 Addresses|50 m away
- SR8 1JX, Severn Close, Peterlee, SR8SR8 1JX7 Addresses|56 m away
- SR8 1LA, Severn Close, Peterlee, SR8SR8 1LA2 Addresses|58 m away
- SR8 1JZ, Severn Close, Peterlee, SR8SR8 1JZ14 Addresses|86 m away
- SR8 1LB, Severn Close, Peterlee, SR8SR8 1LB8 Addresses|98 m away
Property Types
- 4 modern houses built after 1980
- 7 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 other address of unknown type
- modern house (4)
- mid-century house (7)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (1)
- C (5)
- G (0)
- D (3)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Feb 2022£105,000 | 3 Bed House23, Severn Close, Peterlee, SR8 1JY23, Severn Close, Peterlee, SR8 1JY
- Sold Dec 2022£105,000 | 3 Bed House21, Severn Close, Peterlee, SR8 1JY21, Severn Close, Peterlee, SR8 1JY
- Sold Jun 2024£100,224 | 3 Bed House23, Severn Close, Peterlee, SR8 1JY23, Severn Close, Peterlee, SR8 1JY
Schools Nearby
- Shotton Hall Primary School200 m away
- Our Lady of the Rosary Catholic Primary School900 m away
- Howletch Lane Primary School1.1 km away
- The Academy at Shotton Hall300 m away
- St Bede's Catholic School and Byron Sixth Form College800 m away
- Dene Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to SR8 1JU is Horden station, which is 3.1 kilometres away.
- Horden|3.1 km away
- Seaham|9.7 km away
- Hartlepool|11.5 km away
- Seaton Carew|13.9 km away
