Lancaster Hill - SR8 2EG
Key Postcode Insights
SR8 2EG is a residential postcode situated on Lancaster Hill, Peterlee, SR8 with 15 addresses.
It ranks as the 634th largest and 209th 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 15 properties: 15 houses.
- Ave. Sale Price
- £67,623
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £567pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £94/ft²
- Ave. Gross Yield
- 10.1%/year/yr
Key Postcode Insights
SR8 2EG is a residential postcode situated on Lancaster Hill, Peterlee, SR8 with 15 addresses.
It ranks as the 634th largest and 209th 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 15 properties: 15 houses.
- Ave. Sale Price
- £67,623
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £567pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £94/ft²
- Ave. Gross Yield
- 10.1%/year/yr
Explore Propertiesin SR8 2EG
- 101 Lancaster Hill
3 Bed Mid-century House
- 102 Lancaster Hill
3 Bed Mid-century House
- 103 Lancaster Hill
3 Bed Mid-century House
- 104 Lancaster Hill
3 Bed Mid-century House
- 105 Lancaster Hill
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 2EG sold for £60,000 on 11th March 2024. Since then prices are up an average of 8.7%.
The current average value in the postcode is £67,623.
The SR8 2EG Sales Market has increased by 31.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £67,623 |
| June 2025 | 3.9% | £66,626 |
| June 2024 | 4.7% | £64,096 |
| June 2023 | -1% | £61,222 |
| June 2022 | 13.1% | £61,862 |
| June 2021 | 1.6% | £54,684 |
| June 2020 | 5.2% | £53,826 |
| June 2019 | -1.5% | £51,161 |
| June 2018 | -0.3% | £51,924 |
| June 2017 | 1.2% | £52,072 |
| June 2016 | -1.6% | £51,446 |
| June 2015 | 0.3% | £52,259 |
| June 2014 | 6.5% | £52,078 |
| June 2013 | -3.2% | £48,892 |
| June 2012 | -7.4% | £50,523 |
| June 2011 | -5.4% | £54,588 |
| June 2010 | 1.3% | £57,697 |
| June 2009 | -10.2% | £56,945 |
| June 2008 | 0.8% | £63,432 |
| June 2007 | 0% | £62,958 |
Rental Market Trends
The current average rental value in the postcode is £567.
The SR8 2EG Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £567pcm |
| June 2025 | 3.4% | £551pcm |
| June 2024 | 8% | £533pcm |
| June 2023 | 8.9% | £493pcm |
| June 2022 | 11.1% | £453pcm |
| June 2021 | 3.2% | £408pcm |
| June 2020 | 2.3% | £395pcm |
| June 2019 | -0.1% | £386pcm |
| June 2018 | 0.8% | £387pcm |
| June 2017 | 0.4% | £384pcm |
| June 2016 | 0.9% | £382pcm |
| June 2015 | -1.4% | £379pcm |
| June 2014 | 0% | £384pcm |
| June 2013 | -2.5% | £384pcm |
| June 2012 | -1.5% | £393pcm |
| June 2011 | 0.3% | £400pcm |
| June 2010 | 1.2% | £399pcm |
| June 2009 | -3.4% | £394pcm |
| June 2008 | 4.2% | £408pcm |
| June 2007 | 0% | £391pcm |
Sales History
The last sale was on 11th March 2024 for £60,000 and since then the market in the area has increased by 8.7%. The postcode has had a total of 4 sales since 1995.
SR8 2EG has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2024£60,000 | 3 Bed House104, Lancaster Hill, Peterlee, SR8 2EG104, Lancaster Hill, Peterlee, SR8 2EG
- Sold Mar 2008£38,000 | 3 Bed House113, Lancaster Hill, Peterlee, SR8 2EG113, Lancaster Hill, Peterlee, SR8 2EG
- Sold Oct 2007£78,000 | 3 Bed House103, Lancaster Hill, Peterlee, SR8 2EG103, Lancaster Hill, Peterlee, SR8 2EG
- Sold Sep 2007£73,000 | 3 Bed House104, Lancaster Hill, Peterlee, SR8 2EG104, Lancaster Hill, Peterlee, SR8 2EG
Nearby Postcodes
SR8 2EG is the 634th largest and the 209th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 2EN, Lancaster Hill, Peterlee, SR8SR8 2EN21 Addresses|63 m away
- SR8 2EQ, Lancaster Hill, Peterlee, SR8SR8 2EQ22 Addresses|84 m away
- SR8 2EY, Lancaster Hill, Peterlee, SR8SR8 2EY18 Addresses|86 m away
- SR8 2EW, Westmorland Rise, Peterlee, SR8SR8 2EW12 Addresses|89 m away
- SR8 2EP, Westmorland Rise, Peterlee, SR8SR8 2EP13 Addresses|119 m away
Property Types
- 15 mid-century houses built between 1936 and 1979
- mid-century house (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (11)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jan 2025£100,000 | 3 Bed House15, Lancaster Hill, Peterlee, SR8 2EQ15, Lancaster Hill, Peterlee, SR8 2EQ
- Sold Aug 2005£89,950 | 3 Bed House73, Lancaster Hill, Peterlee, SR8 2EN73, Lancaster Hill, Peterlee, SR8 2EN
- Sold May 2008£85,000 | 3 Bed House121, Lancaster Hill, Peterlee, SR8 2EQ121, Lancaster Hill, Peterlee, SR8 2EQ
Schools Nearby
- Acre Rigg Infant School300 m away
- Acre Rigg Academy300 m away
- Howletch Lane Primary School1.0 km away
- St Bede's Catholic School and Byron Sixth Form College1.2 km away
- Easington Academy1.6 km away
- The Academy at Shotton Hall2.0 km away
More reading links
Public Transport Nearby
The closest station to SR8 2EG is Horden station, which is 3.3 kilometres away.
- Horden|3.3 km away
- Seaham|7.7 km away
- Hartlepool|13.0 km away
- Durham|14.7 km away
