Westmorland Rise - SR8 2ET
Key Postcode Insights
SR8 2ET is a residential postcode situated on Westmorland Rise, Peterlee, SR8 with 10 addresses.
It ranks as the 429th largest and 471st 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 10 properties: 7 houses and 3 flats.
- Ave. Sale Price
- £73,664
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £571pcm
- 10 Year change
- up 39.0%
- Ave. £ per ft²
- £97/ft²
- Ave. Gross Yield
- 9.3%/year/yr
Key Postcode Insights
SR8 2ET is a residential postcode situated on Westmorland Rise, Peterlee, SR8 with 10 addresses.
It ranks as the 429th largest and 471st 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 10 properties: 7 houses and 3 flats.
- Ave. Sale Price
- £73,664
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £571pcm
- 10 Year change
- up 39.0%
- Ave. £ per ft²
- £97/ft²
- Ave. Gross Yield
- 9.3%/year/yr
Explore Propertiesin SR8 2ET
- 65 Westmorland Rise
2 Bed Mid-century Flat
- 66 Westmorland Rise
2 Bed Mid-century Flat
- 67 Westmorland Rise
2 Bed Mid-century Flat
- 68 Westmorland Rise
3 Bed Mid-century House
- 69 Westmorland Rise
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 2ET sold for £85,000 on 22nd October 2021. Since then prices are up an average of 18.4%.
The current average value in the postcode is £73,664.
The SR8 2ET Sales Market has increased by 23.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £73,664 |
| June 2025 | 3.7% | £72,896 |
| June 2024 | 5.2% | £70,303 |
| June 2023 | -2.1% | £66,846 |
| June 2022 | 11.7% | £68,263 |
| June 2021 | 0.3% | £61,100 |
| June 2020 | 4.9% | £60,931 |
| June 2019 | -2.1% | £58,110 |
| June 2018 | -0.9% | £59,384 |
| June 2017 | 0.2% | £59,951 |
| June 2016 | -2% | £59,853 |
| June 2015 | -0.3% | £61,078 |
| June 2014 | 6.1% | £61,266 |
| June 2013 | -3.7% | £57,763 |
| June 2012 | -7.5% | £60,000 |
| June 2011 | -5.5% | £64,835 |
| June 2010 | 0.3% | £68,631 |
| June 2009 | -10.6% | £68,396 |
| June 2008 | 0.2% | £76,509 |
| June 2007 | 0% | £76,321 |
Rental Market Trends
The current average rental value in the postcode is £571.
The SR8 2ET Rental Market has increased by 39.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £571pcm |
| June 2025 | 3.2% | £557pcm |
| June 2024 | 8.5% | £540pcm |
| June 2023 | 7.8% | £497pcm |
| June 2022 | 9.7% | £461pcm |
| June 2021 | 1.8% | £421pcm |
| June 2020 | 1.9% | £413pcm |
| June 2019 | -0.8% | £405pcm |
| June 2018 | 0.1% | £408pcm |
| June 2017 | -0.6% | £408pcm |
| June 2016 | 0.5% | £411pcm |
| June 2015 | -2% | £409pcm |
| June 2014 | -0.4% | £417pcm |
| June 2013 | -3% | £419pcm |
| June 2012 | -1.5% | £432pcm |
| June 2011 | 0.1% | £438pcm |
| June 2010 | 0.2% | £438pcm |
| June 2009 | -3.8% | £437pcm |
| June 2008 | 3.7% | £454pcm |
| June 2007 | 0% | £438pcm |
Sales History
The last sale was on 22nd October 2021 for £85,000 and since then the market in the area has increased by 18.4%. The postcode has had a total of 7 sales since 1995.
SR8 2ET has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2021£85,000 | 3 Bed House74, Westmorland Rise, Peterlee, SR8 2ET74, Westmorland Rise, Peterlee, SR8 2ET
- Sold May 2021£70,000 | 3 Bed House69, Westmorland Rise, Peterlee, SR8 2ET69, Westmorland Rise, Peterlee, SR8 2ET
- Sold Aug 2019£59,000 | 3 Bed House72, Westmorland Rise, Peterlee, SR8 2ET72, Westmorland Rise, Peterlee, SR8 2ET
- Sold Oct 2014£55,000 | 3 Bed House70, Westmorland Rise, Peterlee, SR8 2ET70, Westmorland Rise, Peterlee, SR8 2ET
- Sold Oct 2008£63,500 | 3 Bed House70, Westmorland Rise, Peterlee, SR8 2ET70, Westmorland Rise, Peterlee, SR8 2ET
Nearby Postcodes
SR8 2ET is the 429th largest and the 471st most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 2EP, Westmorland Rise, Peterlee, SR8SR8 2EP13 Addresses|59 m away
- SR8 2EW, Westmorland Rise, Peterlee, SR8SR8 2EW12 Addresses|73 m away
- SR8 2EX, Westmorland Rise, Peterlee, SR8SR8 2EX39 Addresses|75 m away
- SR8 2ER, Westmorland Rise, Peterlee, SR8SR8 2ER29 Addresses|86 m away
- SR8 2EN, Lancaster Hill, Peterlee, SR8SR8 2EN21 Addresses|89 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (6)
- mid-century flat (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (4)
- No EPC (1)
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 Academy400 m away
- Acre Rigg Infant School400 m away
- Howletch Lane Primary School1.1 km away
- St Bede's Catholic School and Byron Sixth Form College1.3 km away
- Easington Academy1.4 km away
- The Academy at Shotton Hall2.1 km away
More reading links
Public Transport Nearby
The closest station to SR8 2ET is Horden station, which is 3.4 kilometres away.
- Horden|3.4 km away
- Seaham|7.6 km away
- Hartlepool|13.1 km away
- Durham|14.6 km away
