SR8 5LH is a residential postcode situated on Chapel Hill Road, Peterlee, SR8 with 29 addresses.
It ranks as the 1404th largest and 120th most expensive of the 1,728 postcodes in the SR8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 houses.
SR8 5LH is a residential postcode situated on Chapel Hill Road, Peterlee, SR8 with 29 addresses.
It ranks as the 1404th largest and 120th most expensive of the 1,728 postcodes in the SR8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 houses.
Sale prices range from £49,726 for 2 bedroom freehold houses with a garden (452 ft2) to £134,945 for 4 bedroom freehold houses with a garden (1,291 ft2) .
Monthly rental prices range from £436 pcm for 2 bed houses to £871 pcm for 4 bed houses.
The gross rental yield is between 7.7% and 10.6%.
The average value per square foot is £100.
The last sale in SR8 5LH sold for £49,950 on 6th January 2023. Since then prices are up an average of 4.6%.
The current average value in the postcode is £68,598.
The SR8 5LH Sales Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £68,598 |
| April 2025 | 3.2% | £67,673 |
| April 2024 | 0.8% | £65,551 |
| April 2023 | 3.6% | £65,007 |
| April 2022 | 10.3% | £62,767 |
| April 2021 | 3.5% | £56,923 |
| April 2020 | 1.5% | £55,017 |
| April 2019 | 2% | £54,218 |
| April 2018 | 2.2% | £53,151 |
| April 2017 | 1% | £52,009 |
| April 2016 | 0.5% | £51,507 |
| April 2015 | 0.6% | £51,274 |
| April 2014 | 1.3% | £50,986 |
| April 2013 | -0.2% | £50,346 |
| April 2012 | -6.5% | £50,435 |
| April 2011 | -3.4% | £53,930 |
| April 2010 | 0.6% | £55,854 |
| April 2009 | -12.2% | £55,536 |
| April 2008 | 1.8% | £63,274 |
| April 2007 | 0% | £62,157 |
The current average rental value in the postcode is £562.
The SR8 5LH Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £562pcm |
| April 2025 | 4.2% | £541pcm |
| April 2024 | 6.2% | £520pcm |
| April 2023 | 10.5% | £489pcm |
| April 2022 | 7.2% | £443pcm |
| April 2021 | 6.6% | £413pcm |
| April 2020 | 0.7% | £387pcm |
| April 2019 | 0.7% | £385pcm |
| April 2018 | -0.4% | £382pcm |
| April 2017 | 0.9% | £383pcm |
| April 2016 | 2.3% | £380pcm |
| April 2015 | -0.9% | £372pcm |
| April 2014 | -0.5% | £375pcm |
| April 2013 | -2.6% | £377pcm |
| April 2012 | -2.4% | £387pcm |
| April 2011 | -0.3% | £397pcm |
| April 2010 | 0.6% | £398pcm |
| April 2009 | -1.5% | £395pcm |
| April 2008 | 2.5% | £401pcm |
| April 2007 | 0% | £391pcm |
The last sale was on 6th January 2023 for £49,950 and since then the market in the area has increased by 4.6%. The postcode has had a total of 12 sales since 1995.
SR8 5LH has seen 1 sale in the last three years and no sales in the last twelve months.
SR8 5LH is the 1404th largest and the 120th most expensive postcode out of the 1,728 postcodes in the SR8 area.
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The closest station to SR8 5LH is Horden station which is 1.4 kilometres away.
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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 5LH, 38.0% of property is socially rented and 24.0% is privately owned outright.
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 5LH, 13.5% of residents are recorded as possessing school level qualifications and 12.7% 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 5LH, the average age was 38.9 and the most common age was 7.
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 5LH, 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 5LH, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.