Severn Close - SR8 1JY
Key Postcode Insights
SR8 1JY is a residential postcode situated on Severn Close, Peterlee, SR8 with 13 addresses.
It ranks as the 560th largest and 708th 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: 13 houses.
- Ave. Sale Price
- £104,307
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £740pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £108/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Key Postcode Insights
SR8 1JY is a residential postcode situated on Severn Close, Peterlee, SR8 with 13 addresses.
It ranks as the 560th largest and 708th 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: 13 houses.
- Ave. Sale Price
- £104,307
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £740pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £108/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Explore Propertiesin SR8 1JY
- 21 Severn Close
3 Bed Modern House
- 22 Severn Close
3 Bed Mid-century House
- 23 Severn Close
3 Bed Mid-century House
- 24 Severn Close
House
- 25 Severn Close
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 1JY sold for £92,000 on 23rd October 2025. Since then prices are up an average of 5.5%.
The current average value in the postcode is £104,307.
The SR8 1JY Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £104,307 |
| June 2025 | 3.9% | £102,731 |
| June 2024 | 4.7% | £98,851 |
| June 2023 | -1% | £94,380 |
| June 2022 | 12.9% | £95,355 |
| June 2021 | 1.3% | £84,496 |
| June 2020 | 5.2% | £83,420 |
| June 2019 | -1.6% | £79,264 |
| June 2018 | -0.3% | £80,540 |
| June 2017 | 1.3% | £80,744 |
| June 2016 | -1.6% | £79,726 |
| June 2015 | 0.4% | £80,988 |
| June 2014 | 6.7% | £80,665 |
| June 2013 | -3.2% | £75,603 |
| June 2012 | -7.3% | £78,082 |
| June 2011 | -5.2% | £84,251 |
| June 2010 | 1.8% | £88,853 |
| June 2009 | -9.8% | £87,297 |
| June 2008 | 0.8% | £96,754 |
| June 2007 | 0% | £95,945 |
Rental Market Trends
The current average rental value in the postcode is £740.
The SR8 1JY Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £740pcm |
| June 2025 | 3.4% | £719pcm |
| June 2024 | 8% | £695pcm |
| June 2023 | 9.1% | £644pcm |
| June 2022 | 10.7% | £591pcm |
| June 2021 | 2.9% | £533pcm |
| June 2020 | 2.3% | £518pcm |
| June 2019 | -0.1% | £507pcm |
| June 2018 | 0.9% | £507pcm |
| June 2017 | 0.4% | £503pcm |
| June 2016 | 1% | £501pcm |
| June 2015 | -1.3% | £496pcm |
| June 2014 | 0.1% | £502pcm |
| June 2013 | -2.4% | £502pcm |
| June 2012 | -1.3% | £514pcm |
| June 2011 | 0.5% | £521pcm |
| June 2010 | 1.7% | £519pcm |
| June 2009 | -3% | £510pcm |
| June 2008 | 4.2% | £526pcm |
| June 2007 | 0% | £505pcm |
Sales History
The last sale was on 23rd October 2025 for £92,000 and since then the market in the area has increased by 5.5%. The postcode has had a total of 25 sales since 1995.
SR8 1JY has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£92,000 | 3 Bed House32, Severn Close, Peterlee, SR8 1JY32, Severn Close, Peterlee, SR8 1JY
- Sold Jun 2024£100,224 | 3 Bed House23, Severn Close, Peterlee, SR8 1JY23, Severn Close, Peterlee, SR8 1JY
- Sold May 2023£85,000 | 3 Bed House22, Severn Close, Peterlee, SR8 1JY22, Severn Close, Peterlee, SR8 1JY
- Sold Dec 2022£105,000 | 3 Bed House21, Severn Close, Peterlee, SR8 1JY21, Severn Close, Peterlee, SR8 1JY
- Sold Sep 2022£85,400 | 3 Bed House32, Severn Close, Peterlee, SR8 1JY32, Severn Close, Peterlee, SR8 1JY
Nearby Postcodes
SR8 1JY is the 560th largest and the 708th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 1JZ, Severn Close, Peterlee, SR8SR8 1JZ14 Addresses|70 m away
- SR8 1JX, Severn Close, Peterlee, SR8SR8 1JX7 Addresses|77 m away
- SR8 1JU, Severn Close, Peterlee, SR8SR8 1JU13 Addresses|99 m away
- SR8 1LA, Severn Close, Peterlee, SR8SR8 1LA2 Addresses|104 m away
- SR8 1LB, Severn Close, Peterlee, SR8SR8 1LB8 Addresses|122 m away
Property Types
- 2 modern houses built after 1980
- 8 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (2)
- mid-century house (8)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (3)
- G (0)
- D (5)
- 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 School1.0 km away
- Howletch Lane Primary School1.1 km away
- The Academy at Shotton Hall200 m away
- St Bede's Catholic School and Byron Sixth Form College900 m away
- Dene Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to SR8 1JY is Horden station, which is 3.2 kilometres away.
- Horden|3.2 km away
- Seaham|9.7 km away
- Hartlepool|11.5 km away
- Seaton Carew|13.9 km away
