Westmorland Rise - SR8 2EP
Key Postcode Insights
SR8 2EP is a residential postcode situated on Westmorland Rise, Peterlee, SR8 with 13 addresses.
It ranks as the 566th largest and 215th 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
- £68,071
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £536pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £75/ft²
- Ave. Gross Yield
- 9.4%/year/yr
Key Postcode Insights
SR8 2EP is a residential postcode situated on Westmorland Rise, Peterlee, SR8 with 13 addresses.
It ranks as the 566th largest and 215th 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
- £68,071
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £536pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £75/ft²
- Ave. Gross Yield
- 9.4%/year/yr
Explore Propertiesin SR8 2EP
- 52 Westmorland Rise
3 Bed Mid-century House
- 53 Westmorland Rise
3 Bed Mid-century House
- 54 Westmorland Rise
3 Bed Mid-century House
- 55 Westmorland Rise
3 Bed House
- 56 Westmorland Rise
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 2EP sold for £54,000 on 12th June 2020. Since then prices are up an average of 25.6%.
The current average value in the postcode is £68,071.
The SR8 2EP Sales Market has increased by 31.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £68,071 |
| June 2025 | 3.9% | £67,067 |
| June 2024 | 4.7% | £64,520 |
| June 2023 | -1% | £61,627 |
| June 2022 | 13.1% | £62,271 |
| June 2021 | 1.6% | £55,046 |
| June 2020 | 5.2% | £54,182 |
| June 2019 | -1.5% | £51,500 |
| June 2018 | -0.3% | £52,268 |
| June 2017 | 1.2% | £52,417 |
| June 2016 | -1.6% | £51,787 |
| June 2015 | 0.3% | £52,605 |
| June 2014 | 6.5% | £52,423 |
| June 2013 | -3.2% | £49,216 |
| June 2012 | -7.4% | £50,858 |
| June 2011 | -5.4% | £54,949 |
| June 2010 | 1.3% | £58,079 |
| June 2009 | -10.2% | £57,322 |
| June 2008 | 0.8% | £63,852 |
| June 2007 | 0% | £63,375 |
Rental Market Trends
The current average rental value in the postcode is £536.
The SR8 2EP Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £536pcm |
| June 2025 | 3.4% | £521pcm |
| June 2024 | 8% | £503pcm |
| June 2023 | 8.9% | £466pcm |
| June 2022 | 11.1% | £428pcm |
| June 2021 | 3.2% | £385pcm |
| June 2020 | 2.3% | £373pcm |
| June 2019 | -0.1% | £365pcm |
| June 2018 | 0.8% | £365pcm |
| June 2017 | 0.4% | £363pcm |
| June 2016 | 0.9% | £361pcm |
| June 2015 | -1.4% | £358pcm |
| June 2014 | 0% | £363pcm |
| June 2013 | -2.5% | £363pcm |
| June 2012 | -1.5% | £372pcm |
| June 2011 | 0.3% | £378pcm |
| June 2010 | 1.2% | £377pcm |
| June 2009 | -3.4% | £372pcm |
| June 2008 | 4.2% | £385pcm |
| June 2007 | 0% | £370pcm |
Sales History
The last sale was on 12th June 2020 for £54,000 and since then the market in the area has increased by 25.6%. The postcode has had a total of 13 sales since 1995.
SR8 2EP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2020£54,000 | 3 Bed House62, Westmorland Rise, Peterlee, SR8 2EP62, Westmorland Rise, Peterlee, SR8 2EP
- Sold Dec 2018£53,000 | 3 Bed House63, Westmorland Rise, Peterlee, SR8 2EP63, Westmorland Rise, Peterlee, SR8 2EP
- Sold May 2017£50,000 | 3 Bed House54, Westmorland Rise, Peterlee, SR8 2EP54, Westmorland Rise, Peterlee, SR8 2EP
- Sold Apr 2016£38,000 | 3 Bed House54, Westmorland Rise, Peterlee, SR8 2EP54, Westmorland Rise, Peterlee, SR8 2EP
- Sold Nov 2008£83,500 | 3 Bed House55, Westmorland Rise, Peterlee, SR8 2EP55, Westmorland Rise, Peterlee, SR8 2EP
Nearby Postcodes
SR8 2EP is the 566th largest and the 215th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 2EN, Lancaster Hill, Peterlee, SR8SR8 2EN21 Addresses|57 m away
- SR8 2ET, Westmorland Rise, Peterlee, SR8SR8 2ET10 Addresses|59 m away
- SR8 2ER, Westmorland Rise, Peterlee, SR8SR8 2ER29 Addresses|82 m away
- SR8 2EW, Westmorland Rise, Peterlee, SR8SR8 2EW12 Addresses|84 m away
- SR8 2EH, Lancaster Hill, Peterlee, SR8SR8 2EH46 Addresses|86 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 other addresses of unknown type
- mid-century house (10)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Nov 2022£175,000 | 4 Bed House111, Westmorland Rise, Peterlee, SR8 2ES111, Westmorland Rise, Peterlee, SR8 2ES
- Sold Sep 2022£155,000 | 4 Bed House111, Westmorland Rise, Peterlee, SR8 2ES111, Westmorland Rise, Peterlee, SR8 2ES
- Sold Mar 2007£123,000 | 3 Bed House6, Westmorland Rise, Peterlee, SR8 2EX6, Westmorland Rise, Peterlee, SR8 2EX
Schools Nearby
- Acre Rigg Infant School400 m away
- Acre Rigg Academy400 m away
- Howletch Lane Primary School1.0 km away
- St Bede's Catholic School and Byron Sixth Form College1.3 km away
- Easington Academy1.5 km away
- The Academy at Shotton Hall2.1 km away
More reading links
Public Transport Nearby
The closest station to SR8 2EP 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
