Westmorland Rise - SR8 2EW
Key Postcode Insights
SR8 2EW is a residential postcode situated on Westmorland Rise, Peterlee, SR8 with 12 addresses.
It ranks as the 514th largest and 646th 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 12 properties: 12 houses.
- Ave. Sale Price
- £97,027
- 10 Year change
- up 29.9%
- Ave. Rental Price
- £712pcm
- 10 Year change
- up 46.8%
- Ave. £ per ft²
- £108/ft²
- Ave. Gross Yield
- 8.8%/year/yr
Key Postcode Insights
SR8 2EW is a residential postcode situated on Westmorland Rise, Peterlee, SR8 with 12 addresses.
It ranks as the 514th largest and 646th 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 12 properties: 12 houses.
- Ave. Sale Price
- £97,027
- 10 Year change
- up 29.9%
- Ave. Rental Price
- £712pcm
- 10 Year change
- up 46.8%
- Ave. £ per ft²
- £108/ft²
- Ave. Gross Yield
- 8.8%/year/yr
Explore Propertiesin SR8 2EW
- 40 Westmorland Rise
3 Bed Mid-century House
- 41 Westmorland Rise
3 Bed Mid-century House
- 42 Westmorland Rise
Unknown
- 43 Westmorland Rise
3 Bed Mid-century House
- 44 Westmorland Rise
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 2EW sold for £50,000 on 10th January 2023. Since then prices are up an average of 27.6%.
The current average value in the postcode is £97,027.
The SR8 2EW Sales Market has increased by 29.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £97,027 |
| June 2025 | 3.8% | £95,588 |
| June 2024 | 4.6% | £92,091 |
| June 2023 | -0.8% | £87,999 |
| June 2022 | 12.3% | £88,715 |
| June 2021 | 1% | £79,024 |
| June 2020 | 5.2% | £78,269 |
| June 2019 | -1.6% | £74,431 |
| June 2018 | 0% | £75,628 |
| June 2017 | 1.3% | £75,638 |
| June 2016 | -1.5% | £74,675 |
| June 2015 | 0.6% | £75,817 |
| June 2014 | 6.7% | £75,374 |
| June 2013 | -3% | £70,665 |
| June 2012 | -6.9% | £72,819 |
| June 2011 | -4.8% | £78,236 |
| June 2010 | 2.6% | £82,189 |
| June 2009 | -9.1% | £80,133 |
| June 2008 | 0.8% | £88,129 |
| June 2007 | 0% | £87,452 |
Rental Market Trends
The current average rental value in the postcode is £712.
The SR8 2EW Rental Market has increased by 46.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £712pcm |
| June 2025 | 3.2% | £691pcm |
| June 2024 | 7.9% | £670pcm |
| June 2023 | 9.2% | £620pcm |
| June 2022 | 10.2% | £568pcm |
| June 2021 | 2.6% | £515pcm |
| June 2020 | 2.2% | £503pcm |
| June 2019 | -0.2% | £492pcm |
| June 2018 | 1.1% | £493pcm |
| June 2017 | 0.5% | £487pcm |
| June 2016 | 1% | £485pcm |
| June 2015 | -1.1% | £480pcm |
| June 2014 | 0.1% | £486pcm |
| June 2013 | -2.2% | £485pcm |
| June 2012 | -0.9% | £496pcm |
| June 2011 | 0.9% | £501pcm |
| June 2010 | 2.4% | £496pcm |
| June 2009 | -2.2% | £485pcm |
| June 2008 | 4.2% | £495pcm |
| June 2007 | 0% | £476pcm |
Sales History
The last sale was on 10th January 2023 for £50,000 and since then the market in the area has increased by 27.6%. The postcode has had a total of 12 sales since 1995.
SR8 2EW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2023£50,000 | 3 Bed House41, Westmorland Rise, Peterlee, SR8 2EW41, Westmorland Rise, Peterlee, SR8 2EW
- Sold Feb 2022£62,000 | 3 Bed House48, Westmorland Rise, Peterlee, SR8 2EW48, Westmorland Rise, Peterlee, SR8 2EW
- Sold Feb 2018£69,000 | 3 Bed House49, Westmorland Rise, Peterlee, SR8 2EW49, Westmorland Rise, Peterlee, SR8 2EW
- Sold Jun 2015£83,500 | 3 Bed House47, Westmorland Rise, Peterlee, SR8 2EW47, Westmorland Rise, Peterlee, SR8 2EW
- Sold Nov 2007£90,000 | 3 Bed House40, Westmorland Rise, Peterlee, SR8 2EW40, Westmorland Rise, Peterlee, SR8 2EW
Nearby Postcodes
SR8 2EW is the 514th largest and the 646th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 2EN, Lancaster Hill, Peterlee, SR8SR8 2EN21 Addresses|56 m away
- SR8 2ET, Westmorland Rise, Peterlee, SR8SR8 2ET10 Addresses|73 m away
- SR8 2EY, Lancaster Hill, Peterlee, SR8SR8 2EY18 Addresses|80 m away
- SR8 2EP, Westmorland Rise, Peterlee, SR8SR8 2EP13 Addresses|84 m away
- SR8 2EG, Lancaster Hill, Peterlee, SR8SR8 2EG15 Addresses|89 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (8)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (5)
- No EPC (4)
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 Academy1.5 km away
- The Academy at Shotton Hall2.1 km away
More reading links
Public Transport Nearby
The closest station to SR8 2EW is Horden station, which is 3.3 kilometres away.
- Horden|3.3 km away
- Seaham|7.6 km away
- Hartlepool|13.0 km away
- Durham|14.7 km away
