Lancaster Hill - SR8 2EY
Key Postcode Insights
SR8 2EY is a residential postcode situated on Lancaster Hill, Peterlee, SR8 with 18 addresses.
It ranks as the 741st largest and 225th 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 18 properties: 18 houses.
- Ave. Sale Price
- £69,744
- 10 Year change
- up 30.7%
- Ave. Rental Price
- £565pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £84/ft²
- Ave. Gross Yield
- 9.7%/year/yr
Key Postcode Insights
SR8 2EY is a residential postcode situated on Lancaster Hill, Peterlee, SR8 with 18 addresses.
It ranks as the 741st largest and 225th 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 18 properties: 18 houses.
- Ave. Sale Price
- £69,744
- 10 Year change
- up 30.7%
- Ave. Rental Price
- £565pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £84/ft²
- Ave. Gross Yield
- 9.7%/year/yr
Explore Propertiesin SR8 2EY
- 83 Lancaster Hill
Unknown
- 84 Lancaster Hill
3 Bed Mid-century House
- 85 Lancaster Hill
Unknown
- 86 Lancaster Hill
Unknown
- 87 Lancaster Hill
3 Bed Mid-century House
Sales Market Trends
The last sale in SR8 2EY sold for £69,950 on 17th November 2023. Since then prices are up an average of 11.1%.
The current average value in the postcode is £69,744.
The SR8 2EY Sales Market has increased by 30.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £69,744 |
| June 2025 | 3.9% | £68,708 |
| June 2024 | 4.7% | £66,137 |
| June 2023 | -0.9% | £63,176 |
| June 2022 | 12.7% | £63,777 |
| June 2021 | 1.3% | £56,572 |
| June 2020 | 5.2% | £55,858 |
| June 2019 | -1.5% | £53,098 |
| June 2018 | -0.2% | £53,931 |
| June 2017 | 1.3% | £54,024 |
| June 2016 | -1.5% | £53,352 |
| June 2015 | 0.5% | £54,187 |
| June 2014 | 6.6% | £53,942 |
| June 2013 | -3.1% | £50,591 |
| June 2012 | -7.2% | £52,218 |
| June 2011 | -5.1% | £56,288 |
| June 2010 | 1.9% | £59,327 |
| June 2009 | -9.7% | £58,229 |
| June 2008 | 0.8% | £64,483 |
| June 2007 | 0% | £63,980 |
Rental Market Trends
The current average rental value in the postcode is £565.
The SR8 2EY Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £565pcm |
| June 2025 | 3.3% | £548pcm |
| June 2024 | 8% | £531pcm |
| June 2023 | 9.1% | £492pcm |
| June 2022 | 10.7% | £451pcm |
| June 2021 | 2.9% | £407pcm |
| June 2020 | 2.3% | £396pcm |
| June 2019 | -0.1% | £387pcm |
| June 2018 | 0.9% | £388pcm |
| June 2017 | 0.4% | £384pcm |
| June 2016 | 1% | £382pcm |
| June 2015 | -1.2% | £379pcm |
| June 2014 | 0.1% | £384pcm |
| June 2013 | -2.4% | £383pcm |
| June 2012 | -1.3% | £393pcm |
| June 2011 | 0.5% | £398pcm |
| June 2010 | 1.7% | £395pcm |
| June 2009 | -2.9% | £389pcm |
| June 2008 | 4.2% | £400pcm |
| June 2007 | 0% | £384pcm |
Sales History
The last sale was on 17th November 2023 for £69,950 and since then the market in the area has increased by 11.1%. The postcode has had a total of 13 sales since 1995.
SR8 2EY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2023£69,950 | 3 Bed House87, Lancaster Hill, Peterlee, SR8 2EY87, Lancaster Hill, Peterlee, SR8 2EY
- Sold Apr 2022£60,000 | 3 Bed House90, Lancaster Hill, Peterlee, SR8 2EY90, Lancaster Hill, Peterlee, SR8 2EY
- Sold Jun 2021£55,000 | 3 Bed House84, Lancaster Hill, Peterlee, SR8 2EY84, Lancaster Hill, Peterlee, SR8 2EY
- Sold Feb 2021£60,000 | 3 Bed House87, Lancaster Hill, Peterlee, SR8 2EY87, Lancaster Hill, Peterlee, SR8 2EY
- Sold Oct 2018£45,000 | 3 Bed House92, Lancaster Hill, Peterlee, SR8 2EY92, Lancaster Hill, Peterlee, SR8 2EY
Nearby Postcodes
SR8 2EY is the 741st largest and the 225th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 2HN, Pembroke Place, Peterlee, SR8SR8 2HN22 Addresses|75 m away
- SR8 2EW, Westmorland Rise, Peterlee, SR8SR8 2EW12 Addresses|80 m away
- SR8 2EG, Lancaster Hill, Peterlee, SR8SR8 2EG15 Addresses|86 m away
- SR8 2QB, Garside Grove, Peterlee, SR8SR8 2QB41 Addresses|91 m away
- SR8 2EN, Lancaster Hill, Peterlee, SR8SR8 2EN21 Addresses|110 m away
Property Types
- 1 modern house built after 1980
- 13 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- modern house (1)
- mid-century house (13)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (11)
- No EPC (4)
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 Academy300 m away
- Acre Rigg Infant School300 m away
- Howletch Lane Primary School1.0 km away
- St Bede's Catholic School and Byron Sixth Form College1.2 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 2EY is Horden station, which is 3.2 kilometres away.
- Horden|3.2 km away
- Seaham|7.7 km away
- Hartlepool|13.0 km away
- Durham|14.8 km away
