Oakerside Drive - SR8 1LE
Key Postcode Insights
SR8 1LE is a residential postcode situated on Oakerside Drive, Peterlee, SR8 with 18 addresses.
It ranks as the 738th largest and 267th 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 18 properties: 18 houses.
- Ave. Sale Price
- £79,064
- 10 Year change
- up 31.5%
- Ave. Rental Price
- £613pcm
- 10 Year change
- up 48.6%
- Ave. £ per ft²
- £127/ft²
- Ave. Gross Yield
- 9.3%/year/yr
Key Postcode Insights
SR8 1LE is a residential postcode situated on Oakerside Drive, Peterlee, SR8 with 18 addresses.
It ranks as the 738th largest and 267th 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 18 properties: 18 houses.
- Ave. Sale Price
- £79,064
- 10 Year change
- up 31.5%
- Ave. Rental Price
- £613pcm
- 10 Year change
- up 48.6%
- Ave. £ per ft²
- £127/ft²
- Ave. Gross Yield
- 9.3%/year/yr
Explore Propertiesin SR8 1LE
- 87 Oakerside Drive
3 Bed Mid-century House
- 89 Oakerside Drive
3 Bed Mid-century House
- 91 Oakerside Drive
3 Bed Modern House
- 93 Oakerside Drive
2 Bed Mid-century House
- 95 Oakerside Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 1LE sold for £77,000 on 19th December 2017. Since then prices are up an average of 29.8%.
The current average value in the postcode is £79,064.
The SR8 1LE Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £79,064 |
| June 2025 | 4% | £77,880 |
| June 2024 | 4.8% | £74,885 |
| June 2023 | -1.1% | £71,478 |
| June 2022 | 13.3% | £72,302 |
| June 2021 | 1.6% | £63,840 |
| June 2020 | 5.3% | £62,857 |
| June 2019 | -1.5% | £59,707 |
| June 2018 | -0.4% | £60,646 |
| June 2017 | 1.3% | £60,883 |
| June 2016 | -1.6% | £60,129 |
| June 2015 | 0.3% | £61,101 |
| June 2014 | 6.7% | £60,922 |
| June 2013 | -3.3% | £57,113 |
| June 2012 | -7.6% | £59,068 |
| June 2011 | -5.5% | £63,914 |
| June 2010 | 1.2% | £67,599 |
| June 2009 | -10.3% | £66,799 |
| June 2008 | 0.9% | £74,480 |
| June 2007 | 0% | £73,850 |
Rental Market Trends
The current average rental value in the postcode is £613.
The SR8 1LE Rental Market has increased by 48.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £613pcm |
| June 2025 | 3.4% | £596pcm |
| June 2024 | 8% | £576pcm |
| June 2023 | 8.9% | £533pcm |
| June 2022 | 11.1% | £490pcm |
| June 2021 | 3.2% | £441pcm |
| June 2020 | 2.3% | £427pcm |
| June 2019 | -0.1% | £417pcm |
| June 2018 | 0.7% | £418pcm |
| June 2017 | 0.4% | £415pcm |
| June 2016 | 0.9% | £413pcm |
| June 2015 | -1.4% | £409pcm |
| June 2014 | 0% | £415pcm |
| June 2013 | -2.5% | £415pcm |
| June 2012 | -1.6% | £425pcm |
| June 2011 | 0.2% | £432pcm |
| June 2010 | 1.1% | £431pcm |
| June 2009 | -3.5% | £427pcm |
| June 2008 | 4.2% | £442pcm |
| June 2007 | 0% | £425pcm |
Sales History
The last sale was on 19th December 2017 for £77,000 and since then the market in the area has increased by 29.8%. The postcode has had a total of 4 sales since 1995.
SR8 1LE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2017£77,000 | 3 Bed House87, Oakerside Drive, Peterlee, SR8 1LE87, Oakerside Drive, Peterlee, SR8 1LE
- Sold Mar 2017£66,000 | 3 Bed House117, Oakerside Drive, Peterlee, SR8 1LE117, Oakerside Drive, Peterlee, SR8 1LE
- Sold Jan 2007£87,000 | 3 Bed House87, Oakerside Drive, Peterlee, SR8 1LE87, Oakerside Drive, Peterlee, SR8 1LE
- Sold Oct 2003£65,000 | 3 Bed House87, Oakerside Drive, Peterlee, SR8 1LE87, Oakerside Drive, Peterlee, SR8 1LE
Nearby Postcodes
SR8 1LE is the 738th largest and the 267th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 1LD, Oakerside Drive, Peterlee, SR8SR8 1LD34 Addresses|52 m away
- SR8 1JR, Oakerside Drive, Peterlee, SR8SR8 1JR7 Addresses|68 m away
- SR8 1JP, Oakerside Drive, Peterlee, SR8SR8 1JP6 Addresses|76 m away
- SR8 1LF, Sunny Blunts, Peterlee, SR8SR8 1LF9 Addresses|83 m away
- SR8 1LB, Severn Close, Peterlee, SR8SR8 1LB8 Addresses|93 m away
Property Types
- 1 modern house built after 1980
- 15 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- modern house (1)
- mid-century house (15)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (11)
- No EPC (2)
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 School400 m away
- Our Lady of the Rosary Catholic Primary School900 m away
- Howletch Lane Primary School1.2 km away
- The Academy at Shotton Hall500 m away
- St Bede's Catholic School and Byron Sixth Form College900 m away
- Dene Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to SR8 1LE is Horden station, which is 3.0 kilometres away.
- Horden|3.0 km away
- Seaham|9.7 km away
- Hartlepool|11.3 km away
- Seaton Carew|13.8 km away
