SR8 3SP is a residential postcode situated on Station Road, Peterlee, SR8 with 27 addresses.
It ranks as the 1348th largest and 52nd most expensive of the 1,728 postcodes in the SR8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 27 properties: 27 houses.
SR8 3SP is a residential postcode situated on Station Road, Peterlee, SR8 with 27 addresses.
It ranks as the 1348th largest and 52nd most expensive of the 1,728 postcodes in the SR8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 27 properties: 27 houses.
Sale prices range from £46,687 for 3 bedroom freehold houses with a garden (764 ft2) to £327,981 for 5 bedroom freehold houses with a garden (2,185 ft2) .
Monthly rental prices range from £401 pcm for 3 bed houses to £1,570 pcm for 5 bed houses.
The gross rental yield is between 5.7% and 10.3%.
The average value per square foot is £61.
The last sale in SR8 3SP sold for £28,000 on 28th April 2025. Since then prices are up an average of 36.0%.
The current average value in the postcode is £76,797.
The SR8 3SP Sales Market has increased by 29.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.4% | £76,797 |
| April 2025 | 3.1% | £77,117 |
| April 2024 | 0.8% | £74,764 |
| April 2023 | 4.1% | £74,175 |
| April 2022 | 8.9% | £71,250 |
| April 2021 | 3.5% | £65,439 |
| April 2020 | 1.4% | £63,246 |
| April 2019 | 1% | £62,372 |
| April 2018 | 2.8% | £61,755 |
| April 2017 | 1.6% | £60,076 |
| April 2016 | 0.3% | £59,117 |
| April 2015 | 1.4% | £58,928 |
| April 2014 | 1% | £58,118 |
| April 2013 | -0.2% | £57,557 |
| April 2012 | -3.2% | £57,683 |
| April 2011 | -4.2% | £59,576 |
| April 2010 | 2% | £62,167 |
| April 2009 | -11.7% | £60,925 |
| April 2008 | 1.2% | £69,004 |
| April 2007 | 0% | £68,167 |
The current average rental value in the postcode is £525.
The SR8 3SP Rental Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £525pcm |
| April 2025 | 3.6% | £513pcm |
| April 2024 | 6.2% | £495pcm |
| April 2023 | 10.7% | £466pcm |
| April 2022 | 6.1% | £421pcm |
| April 2021 | 6.2% | £397pcm |
| April 2020 | 0.3% | £373pcm |
| April 2019 | 0.8% | £372pcm |
| April 2018 | 0.1% | £369pcm |
| April 2017 | 1% | £369pcm |
| April 2016 | 2.3% | £365pcm |
| April 2015 | 0% | £357pcm |
| April 2014 | -0.7% | £357pcm |
| April 2013 | -1.8% | £359pcm |
| April 2012 | -0.3% | £366pcm |
| April 2011 | -0.3% | £367pcm |
| April 2010 | 1.8% | £368pcm |
| April 2009 | -0.8% | £362pcm |
| April 2008 | 2.6% | £365pcm |
| April 2007 | 0% | £355pcm |
The last sale was on 28th April 2025 for £28,000 and since then the market in the area has increased by 36.0%. The postcode has had a total of 10 sales since 1995.
SR8 3SP has seen 3 sales in the last three years and no sales in the last twelve months.
SR8 3SP is the 1348th largest and the 52nd most expensive postcode out of the 1,728 postcodes in the SR8 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SR8 3SP, 51.7% of property is socially rented and 30.6% is privately rented.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SR8 3SP, 19.9% of residents are recorded as possessing school level qualifications and 13.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SR8 3SP, the average age was 43 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SR8 3SP, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SR8 3SP, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.