Nesbit Road - SR8 5QU
Key Postcode Insights
SR8 5QU is a residential postcode situated on Nesbit Road, Peterlee, SR8 with 23 addresses.
It ranks as the 887th largest and 452nd 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 23 properties: 20 houses and 3 flats.
- Ave. Sale Price
- £81,812
- 10 Year change
- up 23.2%
- Ave. Rental Price
- £638pcm
- 10 Year change
- up 39.2%
- Ave. £ per ft²
- £119/ft²
- Ave. Gross Yield
- 9.4%/year/yr
Key Postcode Insights
SR8 5QU is a residential postcode situated on Nesbit Road, Peterlee, SR8 with 23 addresses.
It ranks as the 887th largest and 452nd 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 23 properties: 20 houses and 3 flats.
- Ave. Sale Price
- £81,812
- 10 Year change
- up 23.2%
- Ave. Rental Price
- £638pcm
- 10 Year change
- up 39.2%
- Ave. £ per ft²
- £119/ft²
- Ave. Gross Yield
- 9.4%/year/yr
Explore Propertiesin SR8 5QU
- 1 Nesbit Road
2 Bed Mid-century Flat
- 2 Nesbit Road
3 Bed Mid-century House
- 3 Nesbit Road
2 Bed Mid-century Flat
- 4 Nesbit Road
3 Bed Mid-century House
- 5 Nesbit Road
2 Bed Mid-century Flat
Sales Market Trends
The last sale in SR8 5QU sold for £105,000 on 31st October 2024. Since then prices are up an average of 5.8%.
The current average value in the postcode is £81,812.
The SR8 5QU Sales Market has increased by 23.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £81,812 |
| June 2025 | 3.8% | £80,929 |
| June 2024 | 5.3% | £77,984 |
| June 2023 | -2.2% | £74,078 |
| June 2022 | 11.9% | £75,763 |
| June 2021 | 0.2% | £67,682 |
| June 2020 | 5% | £67,520 |
| June 2019 | -2.3% | £64,328 |
| June 2018 | -1.1% | £65,824 |
| June 2017 | 0.2% | £66,562 |
| June 2016 | -2.1% | £66,423 |
| June 2015 | -0.4% | £67,823 |
| June 2014 | 6.3% | £68,093 |
| June 2013 | -3.9% | £64,071 |
| June 2012 | -7.7% | £66,645 |
| June 2011 | -5.6% | £72,191 |
| June 2010 | 0.1% | £76,509 |
| June 2009 | -10.8% | £76,414 |
| June 2008 | 0.4% | £85,623 |
| June 2007 | 0% | £85,288 |
Rental Market Trends
The current average rental value in the postcode is £638.
The SR8 5QU Rental Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £638pcm |
| June 2025 | 3.2% | £622pcm |
| June 2024 | 8.5% | £603pcm |
| June 2023 | 7.8% | £556pcm |
| June 2022 | 9.8% | £516pcm |
| June 2021 | 1.9% | £470pcm |
| June 2020 | 2% | £461pcm |
| June 2019 | -0.8% | £452pcm |
| June 2018 | 0% | £456pcm |
| June 2017 | -0.6% | £455pcm |
| June 2016 | 0.5% | £458pcm |
| June 2015 | -2% | £456pcm |
| June 2014 | -0.4% | £466pcm |
| June 2013 | -3.1% | £468pcm |
| June 2012 | -1.6% | £482pcm |
| June 2011 | 0% | £490pcm |
| June 2010 | 0% | £490pcm |
| June 2009 | -4% | £490pcm |
| June 2008 | 3.7% | £511pcm |
| June 2007 | 0% | £493pcm |
Sales History
The last sale was on 31st October 2024 for £105,000 and since then the market in the area has increased by 5.8%. The postcode has had a total of 9 sales since 1995.
SR8 5QU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£105,000 | 3 Bed House19, Nesbit Road, Peterlee, SR8 5QU19, Nesbit Road, Peterlee, SR8 5QU
- Sold Dec 2023£65,000 | 3 Bed House2, Nesbit Road, Peterlee, SR8 5QU2, Nesbit Road, Peterlee, SR8 5QU
- Sold Sep 2022£79,000 | 3 Bed House13, Nesbit Road, Peterlee, SR8 5QU13, Nesbit Road, Peterlee, SR8 5QU
- Sold Mar 2021£70,000 | 3 Bed House17, Nesbit Road, Peterlee, SR8 5QU17, Nesbit Road, Peterlee, SR8 5QU
- Sold Mar 2019£58,250 | 3 Bed House2, Nesbit Road, Peterlee, SR8 5QU2, Nesbit Road, Peterlee, SR8 5QU
Nearby Postcodes
SR8 5QU is the 887th largest and the 452nd most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 5QX, Sayer Walk, Peterlee, SR8SR8 5QX8 Addresses|43 m away
- SR8 5QY, Beaumont Place, Peterlee, SR8SR8 5QY15 Addresses|52 m away
- SR8 5SB, Manor Way, Peterlee, SR8SR8 5SB15 Addresses|87 m away
- SR8 5SA, Dickins Walk, Peterlee, SR8SR8 5SA22 Addresses|108 m away
- SR8 5QZ, Burdon Place, Peterlee, SR8SR8 5QZ22 Addresses|125 m away
Property Types
- 16 mid-century houses built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (16)
- mid-century flat (3)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (7)
- G (0)
- D (11)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2024£105,000 | 3 Bed House19, Nesbit Road, Peterlee, SR8 5QU19, Nesbit Road, Peterlee, SR8 5QU
- Sold Mar 2016£80,000 | 3 Bed House22, Nesbit Road, Peterlee, SR8 5RA22, Nesbit Road, Peterlee, SR8 5RA
- Sold Sep 2022£79,000 | 3 Bed House13, Nesbit Road, Peterlee, SR8 5QU13, Nesbit Road, Peterlee, SR8 5QU
Schools Nearby
- Dene House Primary School700 m away
- Our Lady of the Rosary Catholic Primary School800 m away
- Seascape Primary School900 m away
- Dene Academy800 m away
- St Bede's Catholic School and Byron Sixth Form College1.1 km away
- The Academy at Shotton Hall1.7 km away
More reading links
Public Transport Nearby
The closest station to SR8 5QU is Horden station, which is 1.8 kilometres away.
- Horden|1.8 km away
- Seaham|8.9 km away
- Hartlepool|11.1 km away
- Seaton Carew|13.8 km away