Westmorland Rise - SR8 2ES
Key Postcode Insights
SR8 2ES is a residential postcode situated on Westmorland Rise, Peterlee, SR8 with 17 addresses.
It ranks as the 710th largest and 801st 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 17 properties: 17 houses.
- Ave. Sale Price
- £116,740
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £774pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £129/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Key Postcode Insights
SR8 2ES is a residential postcode situated on Westmorland Rise, Peterlee, SR8 with 17 addresses.
It ranks as the 710th largest and 801st 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 17 properties: 17 houses.
- Ave. Sale Price
- £116,740
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £774pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £129/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Explore Propertiesin SR8 2ES
- 108 Westmorland Rise
3 Bed Mid-century House
- 109 Westmorland Rise
3 Bed Mid-century House
- 110 Westmorland Rise
Unknown
- 111 Westmorland Rise
4 Bed Mid-century House
- 112 Westmorland Rise
4 Bed Mid-century House
Sales Market Trends
The last sale in SR8 2ES sold for £60,000 on 2nd May 2025. Since then prices are up an average of 7.5%.
The current average value in the postcode is £116,740.
The SR8 2ES Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £116,740 |
| June 2025 | 3.9% | £115,046 |
| June 2024 | 4.7% | £110,708 |
| June 2023 | -1% | £105,758 |
| June 2022 | 13% | £106,827 |
| June 2021 | 1.5% | £94,547 |
| June 2020 | 5.2% | £93,141 |
| June 2019 | -1.5% | £88,548 |
| June 2018 | -0.2% | £89,872 |
| June 2017 | 1.2% | £90,086 |
| June 2016 | -1.6% | £88,994 |
| June 2015 | 0.4% | £90,395 |
| June 2014 | 6.5% | £90,035 |
| June 2013 | -3.2% | £84,507 |
| June 2012 | -7.4% | £87,285 |
| June 2011 | -5.3% | £94,221 |
| June 2010 | 1.5% | £99,505 |
| June 2009 | -10.1% | £98,054 |
| June 2008 | 0.7% | £109,062 |
| June 2007 | 0% | £108,252 |
Rental Market Trends
The current average rental value in the postcode is £774.
The SR8 2ES Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £774pcm |
| June 2025 | 3.4% | £752pcm |
| June 2024 | 8% | £727pcm |
| June 2023 | 9% | £673pcm |
| June 2022 | 10.9% | £618pcm |
| June 2021 | 3.1% | £557pcm |
| June 2020 | 2.3% | £540pcm |
| June 2019 | -0.1% | £528pcm |
| June 2018 | 0.8% | £529pcm |
| June 2017 | 0.4% | £525pcm |
| June 2016 | 0.9% | £522pcm |
| June 2015 | -1.3% | £518pcm |
| June 2014 | 0.1% | £524pcm |
| June 2013 | -2.5% | £524pcm |
| June 2012 | -1.4% | £537pcm |
| June 2011 | 0.3% | £545pcm |
| June 2010 | 1.3% | £543pcm |
| June 2009 | -3.3% | £536pcm |
| June 2008 | 4.2% | £554pcm |
| June 2007 | 0% | £532pcm |
Sales History
The last sale was on 2nd May 2025 for £60,000 and since then the market in the area has increased by 7.5%. The postcode has had a total of 26 sales since 1995.
SR8 2ES has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2025£60,000 | 3 Bed House124, Westmorland Rise, Peterlee, SR8 2ES124, Westmorland Rise, Peterlee, SR8 2ES
- 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 Aug 2021£45,000 | 3 Bed House118, Westmorland Rise, Peterlee, SR8 2ES118, Westmorland Rise, Peterlee, SR8 2ES
- Sold Aug 2021£78,500 | 3 Bed House120, Westmorland Rise, Peterlee, SR8 2ES120, Westmorland Rise, Peterlee, SR8 2ES
Nearby Postcodes
SR8 2ES is the 710th largest and the 801st most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 2EU, Westmorland Rise, Peterlee, SR8SR8 2EU26 Addresses|47 m away
- SR8 2ER, Westmorland Rise, Peterlee, SR8SR8 2ER29 Addresses|97 m away
- SR8 2ET, Westmorland Rise, Peterlee, SR8SR8 2ET10 Addresses|120 m away
- SR8 2EX, Westmorland Rise, Peterlee, SR8SR8 2EX39 Addresses|122 m away
- SR8 2EP, Westmorland Rise, Peterlee, SR8SR8 2EP13 Addresses|157 m away
Property Types
- 14 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (14)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (1)
- C (2)
- G (0)
- D (9)
- 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 Academy600 m away
- Acre Rigg Infant School600 m away
- Howletch Lane Primary School1.2 km away
- Easington Academy1.3 km away
- St Bede's Catholic School and Byron Sixth Form College1.5 km away
- The Academy at Shotton Hall2.2 km away
More reading links
Public Transport Nearby
The closest station to SR8 2ES is Horden station, which is 3.5 kilometres away.
- Horden|3.5 km away
- Seaham|7.5 km away
- Hartlepool|13.2 km away
- Durham|14.6 km away