Welfare Close - SR8 3RL
Key Street Insights
Welfare Close is a residential street with 28 addresses.
It ranks as the 593rd largest and 103rd most expensive of the 894 streets in the SR8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 28 properties: 2 houses and 26 flats.
- Ave. Sale Price
- £72,700
- 10 Year change
- up 19.5%
- Ave. Rental Price
- £435pcm
- 10 Year change
- up 34.4%
- Ave. £ per ft²
- £116/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Street Insights
Welfare Close is a residential street with 28 addresses.
It ranks as the 593rd largest and 103rd most expensive of the 894 streets in the SR8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 28 properties: 2 houses and 26 flats.
- Ave. Sale Price
- £72,700
- 10 Year change
- up 19.5%
- Ave. Rental Price
- £435pcm
- 10 Year change
- up 34.4%
- Ave. £ per ft²
- £116/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertieson Welfare Close, Peterlee, SR8
- Poplar House
5 Bed Mid-century House
- 23 Welfare Close
4 Bed Modern House
- 25 Welfare Close
3 Bed Modern Flat
- 26 Welfare Close
3 Bed Modern Flat
- 27 Welfare Close
2 Bed Modern Flat
Sales Market Trends
The last sale on Welfare Close sold for £77,000 on 23rd December 2021. Since then prices are up an average of 18.4%.
The current average value in the street is £72,700.
The Welfare Close Sales Market has increased by 19.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £72,700 |
| June 2025 | 2.6% | £72,689 |
| June 2024 | 4.1% | £70,869 |
| June 2023 | -0.5% | £68,046 |
| June 2022 | 8.8% | £68,406 |
| June 2021 | -0.3% | £62,867 |
| June 2020 | 4.2% | £63,052 |
| June 2019 | -1.4% | £60,486 |
| June 2018 | 0.6% | £61,353 |
| June 2017 | 0.3% | £60,990 |
| June 2016 | -1.7% | £60,813 |
| June 2015 | 1.5% | £61,845 |
| June 2014 | 5.4% | £60,953 |
| June 2013 | -2.3% | £57,819 |
| June 2012 | -5.9% | £59,184 |
| June 2011 | -3.9% | £62,871 |
| June 2010 | 3.2% | £65,422 |
| June 2009 | -8.8% | £63,399 |
| June 2008 | -1.3% | £69,534 |
| June 2007 | 0% | £70,415 |
Rental Market Trends
The current average rental value in the street is £435.
The Welfare Close Rental Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £435pcm |
| June 2025 | 2.4% | £427pcm |
| June 2024 | 8% | £417pcm |
| June 2023 | 8.4% | £386pcm |
| June 2022 | 7.5% | £356pcm |
| June 2021 | 0.8% | £331pcm |
| June 2020 | 1.9% | £329pcm |
| June 2019 | -0.7% | £323pcm |
| June 2018 | 0.7% | £325pcm |
| June 2017 | -0.2% | £323pcm |
| June 2016 | 0.6% | £323pcm |
| June 2015 | -0.7% | £321pcm |
| June 2014 | 0.4% | £324pcm |
| June 2013 | -2.2% | £322pcm |
| June 2012 | -0.5% | £330pcm |
| June 2011 | 1.5% | £331pcm |
| June 2010 | 2.9% | £326pcm |
| June 2009 | -1.9% | £317pcm |
| June 2008 | 3% | £323pcm |
| June 2007 | 0% | £314pcm |
Sales History
The last sale was on 23rd December 2021 for £77,000 and since then the market in the area has increased by 18.4%. The street has had a total of 2 sales since 1995.
Welfare Close, Peterlee, SR8 has seen no sales in the last three years and no sales in the last twelve months.
Nearby Streets
Welfare Close, Peterlee, SR8 is the 593rd largest and the 103rd most expensive street in the SR8 area.
- Seaside Lane, Easington Colliery, Peterlee, SR887 Addresses|56 m away
- Grey Court, Easington, Peterlee, SR89 Addresses|73 m away
- Seaside Lane South, Peterlee, SR822 Addresses|90 m away
- Burnip Close, Easington, Peterlee, SR824 Addresses|114 m away
- Lintzford Mews, Easington Colliery, Peterlee, SR86 Addresses|118 m away
- Vincent Street, Peterlee, SR818 Addresses|122 m away
Property Types
- 1 modern house built after 1980
- 7 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 19 mid-century flats built between 1936 and 1979
- modern house (1)
- modern flat (7)
- mid-century house (1)
- mid-century flat (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is C.
- A (1)
- E (0)
- B (0)
- F (0)
- C (23)
- G (0)
- D (4)
- No EPC (0)
Schools Nearby
- Easington Colliery Primary School500 m away
- Our Lady Star of the Sea Catholic Primary School1.7 km away
- Easington CofE Primary School1.8 km away
- Easington Academy1.6 km away
- Dene Academy3.4 km away
- St Bede's Catholic School and Byron Sixth Form College3.5 km away
More reading links
Public Transport Nearby
The closest station to Welfare Close, Peterlee, SR8 - SR8 3RL is Horden station, which is 3.5 kilometres away.
- Horden|3.5 km away
- Seaham|5.5 km away
- Sunderland|13.5 km away
