Lakeland Drive - SR8 5NF
Key Street Insights
Lakeland Drive is a residential street with 32 addresses.
It ranks as the 644th largest and 255th most expensive of the 894 streets in the SR8 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 32 properties: 32 houses.
- Ave. Sale Price
- £80,329
- 10 Year change
- up 31.7%
- Ave. Rental Price
- £639pcm
- 10 Year change
- up 48.8%
- Ave. £ per ft²
- £99/ft²
- Ave. Gross Yield
- 9.5%/year/yr
Key Street Insights
Lakeland Drive is a residential street with 32 addresses.
It ranks as the 644th largest and 255th most expensive of the 894 streets in the SR8 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 32 properties: 32 houses.
- Ave. Sale Price
- £80,329
- 10 Year change
- up 31.7%
- Ave. Rental Price
- £639pcm
- 10 Year change
- up 48.8%
- Ave. £ per ft²
- £99/ft²
- Ave. Gross Yield
- 9.5%/year/yr
Explore Propertieson Lakeland Drive, Peterlee, SR8
- 1 Lakeland Drive
2 Bed Early-century House
- 2 Lakeland Drive
3 Bed Mid-century House
- 3 Lakeland Drive
2 Bed Early-century House
- 4 Lakeland Drive
Unknown
- 5 Lakeland Drive
3 Bed Mid-century House
Sales Market Trends
The last sale on Lakeland Drive sold for £51,000 on 2nd July 2025. Since then prices are up an average of 32.2%.
The current average value in the street is £80,329.
The Lakeland Drive Sales Market has increased by 31.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £80,329 |
| June 2025 | 4% | £79,118 |
| June 2024 | 4.8% | £76,041 |
| June 2023 | -1.2% | £72,560 |
| June 2022 | 13.4% | £73,441 |
| June 2021 | 1.6% | £64,749 |
| June 2020 | 5.3% | £63,718 |
| June 2019 | -1.6% | £60,499 |
| June 2018 | -0.5% | £61,471 |
| June 2017 | 1.3% | £61,761 |
| June 2016 | -1.6% | £60,989 |
| June 2015 | 0.2% | £61,992 |
| June 2014 | 6.7% | £61,842 |
| June 2013 | -3.4% | £57,943 |
| June 2012 | -7.7% | £59,973 |
| June 2011 | -5.6% | £64,992 |
| June 2010 | 1% | £68,815 |
| June 2009 | -10.5% | £68,146 |
| June 2008 | 0.9% | £76,135 |
| June 2007 | 0% | £75,455 |
Rental Market Trends
The current average rental value in the street is £639.
The Lakeland Drive Rental Market has increased by 48.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £639pcm |
| June 2025 | 3.5% | £621pcm |
| June 2024 | 8% | £600pcm |
| June 2023 | 8.9% | £556pcm |
| June 2022 | 11.3% | £510pcm |
| June 2021 | 3.3% | £459pcm |
| June 2020 | 2.3% | £444pcm |
| June 2019 | -0.1% | £434pcm |
| June 2018 | 0.7% | £434pcm |
| June 2017 | 0.4% | £431pcm |
| June 2016 | 0.9% | £430pcm |
| June 2015 | -1.4% | £426pcm |
| June 2014 | 0% | £432pcm |
| June 2013 | -2.6% | £432pcm |
| June 2012 | -1.7% | £443pcm |
| June 2011 | 0.1% | £451pcm |
| June 2010 | 0.9% | £450pcm |
| June 2009 | -3.7% | £446pcm |
| June 2008 | 4.2% | £464pcm |
| June 2007 | 0% | £445pcm |
Sales History
The last sale was on 2nd July 2025 for £51,000 and since then the market in the area has increased by 32.2%. The street has had a total of 57 sales since 1995.
Lakeland Drive, Peterlee, SR8 has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£51,000 | 3 Bed House24, Lakeland Drive, Peterlee, SR8 5NF24, Lakeland Drive, Peterlee, SR8 5NF
- Sold Jul 2025£62,000 | 3 Bed House24, Lakeland Drive, Peterlee, SR8 5NF24, Lakeland Drive, Peterlee, SR8 5NF
- Sold Aug 2019£60,000 | 3 Bed House5, Lakeland Drive, Peterlee, SR8 5NF5, Lakeland Drive, Peterlee, SR8 5NF
- Sold Jun 2018£58,000 | 3 Bed House23, Lakeland Drive, Peterlee, SR8 5NF23, Lakeland Drive, Peterlee, SR8 5NF
- Sold May 2018£56,500 | 3 Bed House25, Lakeland Drive, Peterlee, SR8 5NF25, Lakeland Drive, Peterlee, SR8 5NF
Top 3 Most Expensive Sales
- Sold May 2006£83,500 | 3 Bed House10, Lakeland Drive, Peterlee, SR8 5NF10, Lakeland Drive, Peterlee, SR8 5NF
- Sold Mar 2006£81,500 | 3 Bed House8, Lakeland Drive, Peterlee, SR8 5NF8, Lakeland Drive, Peterlee, SR8 5NF
- Sold Aug 2007£75,000 | 3 Bed House21, Lakeland Drive, Peterlee, SR8 5NF21, Lakeland Drive, Peterlee, SR8 5NF
Nearby Streets
Lakeland Drive, Peterlee, SR8 is the 644th largest and the 255th most expensive street in the SR8 area.
- Bowness Close, Peterlee, SR816 Addresses|64 m away
- Thirlmere Road, Peterlee, SR834 Addresses|67 m away
- Keswick Road, Peterlee, SR845 Addresses|94 m away
- Ellison Road, Peterlee, SR831 Addresses|101 m away
- Mansell Crescent, Peterlee, SR838 Addresses|122 m away
- Alston Walk, Peterlee, SR816 Addresses|129 m away
Property Types
- 24 mid-century houses built between 1936 and 1979
- 3 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (24)
- early-century house (3)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (8)
- G (0)
- D (17)
- No EPC (5)
Schools Nearby
- Seascape Primary School300 m away
- Dene House Primary School900 m away
- Our Lady of the Rosary Catholic Primary School1.1 km away
- Dene Academy900 m away
- St Bede's Catholic School and Byron Sixth Form College1.3 km away
- The Academy at Shotton Hall2.1 km away
More reading links
Public Transport Nearby
The closest station to Lakeland Drive, Peterlee, SR8 - SR8 5NF is Horden station, which is 1.7 kilometres away.
- Horden|1.7 km away
- Seaham|8.2 km away
- Hartlepool|11.5 km away
