Lancaster Hill - SR8 2EH
Key Postcode Insights
SR8 2EH is a residential postcode situated on Lancaster Hill, Peterlee, SR8 with 46 addresses.
It ranks as the 1191st largest and 178th 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 46 properties: 43 houses and 3 flats.
- Ave. Sale Price
- £65,193
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £522pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £79/ft²
- Ave. Gross Yield
- 9.6%/year/yr
Key Postcode Insights
SR8 2EH is a residential postcode situated on Lancaster Hill, Peterlee, SR8 with 46 addresses.
It ranks as the 1191st largest and 178th 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 46 properties: 43 houses and 3 flats.
- Ave. Sale Price
- £65,193
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £522pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £79/ft²
- Ave. Gross Yield
- 9.6%/year/yr
Explore Propertiesin SR8 2EH
- 16 Lancaster Hill
3 Bed Mid-century House
- 17 Lancaster Hill
3 Bed Mid-century House
- 18 Lancaster Hill
3 Bed Mid-century House
- 19 Lancaster Hill
3 Bed Mid-century House
- 20 Lancaster Hill
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 2EH sold for £55,000 on 16th October 2025. Since then prices are up an average of 3.2%.
The current average value in the postcode is £65,193.
The SR8 2EH Sales Market has increased by 26.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £65,193 |
| June 2025 | 3.8% | £64,425 |
| June 2024 | 5% | £62,048 |
| June 2023 | -1.8% | £59,080 |
| June 2022 | 12.5% | £60,161 |
| June 2021 | 0.9% | £53,483 |
| June 2020 | 5% | £52,999 |
| June 2019 | -1.9% | £50,478 |
| June 2018 | -0.8% | £51,451 |
| June 2017 | 0.5% | £51,875 |
| June 2016 | -1.9% | £51,617 |
| June 2015 | -0.2% | £52,605 |
| June 2014 | 6.2% | £52,688 |
| June 2013 | -3.7% | £49,613 |
| June 2012 | -7.6% | £51,494 |
| June 2011 | -5.7% | £55,746 |
| June 2010 | 0.3% | £59,093 |
| June 2009 | -10.8% | £58,929 |
| June 2008 | 0.4% | £66,090 |
| June 2007 | 0% | £65,813 |
Rental Market Trends
The current average rental value in the postcode is £522.
The SR8 2EH Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £522pcm |
| June 2025 | 3.3% | £508pcm |
| June 2024 | 8.3% | £492pcm |
| June 2023 | 8.1% | £454pcm |
| June 2022 | 10.4% | £420pcm |
| June 2021 | 2.5% | £380pcm |
| June 2020 | 2.1% | £371pcm |
| June 2019 | -0.5% | £363pcm |
| June 2018 | 0.2% | £365pcm |
| June 2017 | -0.3% | £364pcm |
| June 2016 | 0.6% | £366pcm |
| June 2015 | -1.9% | £363pcm |
| June 2014 | -0.3% | £370pcm |
| June 2013 | -2.9% | £371pcm |
| June 2012 | -1.7% | £382pcm |
| June 2011 | 0% | £389pcm |
| June 2010 | 0.1% | £389pcm |
| June 2009 | -4.1% | £389pcm |
| June 2008 | 3.9% | £405pcm |
| June 2007 | 0% | £390pcm |
Sales History
The last sale was on 16th October 2025 for £55,000 and since then the market in the area has increased by 3.2%. The postcode has had a total of 32 sales since 1995.
SR8 2EH has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£55,000 | 3 Bed House42, Lancaster Hill, Peterlee, SR8 2EH42, Lancaster Hill, Peterlee, SR8 2EH
- Sold May 2024£45,000 | 3 Bed House20, Lancaster Hill, Peterlee, SR8 2EH20, Lancaster Hill, Peterlee, SR8 2EH
- Sold Aug 2022£67,000 | 3 Bed House55, Lancaster Hill, Peterlee, SR8 2EH55, Lancaster Hill, Peterlee, SR8 2EH
- Sold Sep 2021£78,000 | 3 Bed House30, Lancaster Hill, Peterlee, SR8 2EH30, Lancaster Hill, Peterlee, SR8 2EH
- Sold Jul 2020£60,000 | 3 Bed House35, Lancaster Hill, Peterlee, SR8 2EH35, Lancaster Hill, Peterlee, SR8 2EH
Nearby Postcodes
SR8 2EH is the 1191st largest and the 178th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 2EP, Westmorland Rise, Peterlee, SR8SR8 2EP13 Addresses|86 m away
- SR8 2EQ, Lancaster Hill, Peterlee, SR8SR8 2EQ22 Addresses|105 m away
- SR8 2EN, Lancaster Hill, Peterlee, SR8SR8 2EN21 Addresses|111 m away
- SR8 2ER, Westmorland Rise, Peterlee, SR8SR8 2ER29 Addresses|114 m away
- SR8 2EJ, Chester Place, Peterlee, SR8SR8 2EJ48 Addresses|130 m away
Property Types
- 1 modern house built after 1980
- 26 mid-century houses built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- 16 other addresses of unknown type
- modern house (1)
- mid-century house (26)
- mid-century flat (3)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (8)
- G (0)
- D (19)
- No EPC (16)
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 School500 m away
- Acre Rigg Academy500 m away
- Howletch Lane Primary School1.0 km away
- St Bede's Catholic School and Byron Sixth Form College1.3 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 2EH is Horden station, which is 3.4 kilometres away.
- Horden|3.4 km away
- Seaham|7.7 km away
- Hartlepool|13.1 km away
- Durham|14.6 km away