Lancaster Hill - SR8 2EQ
Key Postcode Insights
SR8 2EQ is a residential postcode situated on Lancaster Hill, Peterlee, SR8 with 22 addresses.
It ranks as the 835th largest and 652nd 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 22 properties: 19 houses and 3 flats.
- Ave. Sale Price
- £89,720
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £661pcm
- 10 Year change
- up 39.0%
- Ave. £ per ft²
- £109/ft²
- Ave. Gross Yield
- 8.8%/year/yr
Key Postcode Insights
SR8 2EQ is a residential postcode situated on Lancaster Hill, Peterlee, SR8 with 22 addresses.
It ranks as the 835th largest and 652nd 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 22 properties: 19 houses and 3 flats.
- Ave. Sale Price
- £89,720
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £661pcm
- 10 Year change
- up 39.0%
- Ave. £ per ft²
- £109/ft²
- Ave. Gross Yield
- 8.8%/year/yr
Explore Propertiesin SR8 2EQ
- 1 Lancaster Hill
2 Bed Mid-century Flat
- 2 Lancaster Hill
2 Bed Mid-century Flat
- 3 Lancaster Hill
2 Bed Mid-century Flat
- 4 Lancaster Hill
3 Bed Mid-century House
- 5 Lancaster Hill
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 2EQ sold for £54,000 on 24th September 2025. Since then prices are up an average of 5.1%.
The current average value in the postcode is £89,720.
The SR8 2EQ Sales Market has increased by 23.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £89,720 |
| June 2025 | 3.7% | £88,785 |
| June 2024 | 5.2% | £85,626 |
| June 2023 | -2.1% | £81,416 |
| June 2022 | 11.7% | £83,141 |
| June 2021 | 0.3% | £74,417 |
| June 2020 | 4.9% | £74,211 |
| June 2019 | -2.1% | £70,775 |
| June 2018 | -0.9% | £72,328 |
| June 2017 | 0.2% | £73,018 |
| June 2016 | -2% | £72,899 |
| June 2015 | -0.3% | £74,390 |
| June 2014 | 6.1% | £74,619 |
| June 2013 | -3.7% | £70,353 |
| June 2012 | -7.5% | £73,078 |
| June 2011 | -5.5% | £78,967 |
| June 2010 | 0.3% | £83,589 |
| June 2009 | -10.6% | £83,304 |
| June 2008 | 0.2% | £93,184 |
| June 2007 | 0% | £92,956 |
Rental Market Trends
The current average rental value in the postcode is £661.
The SR8 2EQ Rental Market has increased by 39.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £661pcm |
| June 2025 | 3.2% | £645pcm |
| June 2024 | 8.5% | £625pcm |
| June 2023 | 7.8% | £576pcm |
| June 2022 | 9.7% | £535pcm |
| June 2021 | 1.8% | £487pcm |
| June 2020 | 1.9% | £479pcm |
| June 2019 | -0.8% | £470pcm |
| June 2018 | 0.1% | £473pcm |
| June 2017 | -0.6% | £473pcm |
| June 2016 | 0.5% | £476pcm |
| June 2015 | -2% | £474pcm |
| June 2014 | -0.4% | £483pcm |
| June 2013 | -3% | £485pcm |
| June 2012 | -1.5% | £500pcm |
| June 2011 | 0.1% | £508pcm |
| June 2010 | 0.2% | £507pcm |
| June 2009 | -3.8% | £506pcm |
| June 2008 | 3.7% | £527pcm |
| June 2007 | 0% | £508pcm |
Sales History
The last sale was on 24th September 2025 for £54,000 and since then the market in the area has increased by 5.1%. The postcode has had a total of 18 sales since 1995.
SR8 2EQ has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£54,000 | 3 Bed House117, Lancaster Hill, Peterlee, SR8 2EQ117, Lancaster Hill, Peterlee, SR8 2EQ
- Sold Jan 2025£100,000 | 3 Bed House15, Lancaster Hill, Peterlee, SR8 2EQ15, Lancaster Hill, Peterlee, SR8 2EQ
- Sold Nov 2021£55,000 | 3 Bed House11, Lancaster Hill, Peterlee, SR8 2EQ11, Lancaster Hill, Peterlee, SR8 2EQ
- Sold Nov 2021£39,500 | 2 Bed Flat2, Lancaster Hill, Peterlee, SR8 2EQ2, Lancaster Hill, Peterlee, SR8 2EQ
- Sold Sep 2021£70,000 | 3 Bed House10, Lancaster Hill, Peterlee, SR8 2EQ10, Lancaster Hill, Peterlee, SR8 2EQ
Nearby Postcodes
SR8 2EQ is the 835th largest and the 652nd most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 2EG, Lancaster Hill, Peterlee, SR8SR8 2EG15 Addresses|84 m away
- SR8 2HJ, Warwick Place, Peterlee, SR8SR8 2HJ15 Addresses|84 m away
- SR8 2EN, Lancaster Hill, Peterlee, SR8SR8 2EN21 Addresses|98 m away
- SR8 2EJ, Chester Place, Peterlee, SR8SR8 2EJ48 Addresses|102 m away
- SR8 2EH, Lancaster Hill, Peterlee, SR8SR8 2EH46 Addresses|105 m away
Property Types
- 13 mid-century houses built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 5 other addresses of unknown type
- mid-century house (13)
- mid-century flat (3)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (10)
- G (0)
- D (5)
- No EPC (6)
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 School400 m away
- Acre Rigg Academy400 m away
- Howletch Lane Primary School900 m away
- St Bede's Catholic School and Byron Sixth Form College1.2 km away
- Easington Academy1.6 km away
- The Academy at Shotton Hall1.9 km away
More reading links
Public Transport Nearby
The closest station to SR8 2EQ is Horden station, which is 3.3 kilometres away.
- Horden|3.3 km away
- Seaham|7.8 km away
- Hartlepool|13.0 km away
- Durham|14.7 km away
