Nesbit Road - SR8 5RA
Key Postcode Insights
SR8 5RA is a residential postcode situated on Nesbit Road, Peterlee, SR8 with 16 addresses.
It ranks as the 693rd largest and 186th 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 16 properties: 10 houses and 6 flats.
- Ave. Sale Price
- £63,053
- 10 Year change
- up 27.2%
- Ave. Rental Price
- £486pcm
- 10 Year change
- up 43.8%
- Ave. £ per ft²
- £85/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Key Postcode Insights
SR8 5RA is a residential postcode situated on Nesbit Road, Peterlee, SR8 with 16 addresses.
It ranks as the 693rd largest and 186th 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 16 properties: 10 houses and 6 flats.
- Ave. Sale Price
- £63,053
- 10 Year change
- up 27.2%
- Ave. Rental Price
- £486pcm
- 10 Year change
- up 43.8%
- Ave. £ per ft²
- £85/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Explore Propertiesin SR8 5RA
- 22 Nesbit Road
3 Bed Mid-century House
- 24 Nesbit Road
3 Bed Mid-century House
- 26 Nesbit Road
Unknown
- 28 Nesbit Road
3 Bed Mid-century House
- 30 Nesbit Road
Unknown
Sales Market Trends
The last sale in SR8 5RA sold for £52,500 on 17th September 2021. Since then prices are up an average of 19.3%.
The current average value in the postcode is £63,053.
The SR8 5RA Sales Market has increased by 27.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £63,053 |
| June 2025 | 3.9% | £62,240 |
| June 2024 | 5% | £59,913 |
| June 2023 | -1.6% | £57,056 |
| June 2022 | 12.5% | £58,007 |
| June 2021 | 0.8% | £51,543 |
| June 2020 | 5.1% | £51,111 |
| June 2019 | -1.9% | £48,618 |
| June 2018 | -0.7% | £49,573 |
| June 2017 | 0.8% | £49,933 |
| June 2016 | -1.8% | £49,554 |
| June 2015 | 0% | £50,476 |
| June 2014 | 6.5% | £50,483 |
| June 2013 | -3.6% | £47,388 |
| June 2012 | -7.6% | £49,139 |
| June 2011 | -5.5% | £53,180 |
| June 2010 | 0.8% | £56,273 |
| June 2009 | -10.4% | £55,845 |
| June 2008 | 0.6% | £62,356 |
| June 2007 | 0% | £61,958 |
Rental Market Trends
The current average rental value in the postcode is £486.
The SR8 5RA Rental Market has increased by 43.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £486pcm |
| June 2025 | 3.3% | £473pcm |
| June 2024 | 8.2% | £457pcm |
| June 2023 | 8.4% | £423pcm |
| June 2022 | 10.4% | £390pcm |
| June 2021 | 2.5% | £353pcm |
| June 2020 | 2.1% | £345pcm |
| June 2019 | -0.4% | £337pcm |
| June 2018 | 0.4% | £339pcm |
| June 2017 | -0.1% | £337pcm |
| June 2016 | 0.7% | £338pcm |
| June 2015 | -1.7% | £335pcm |
| June 2014 | -0.2% | £341pcm |
| June 2013 | -2.8% | £342pcm |
| June 2012 | -1.5% | £351pcm |
| June 2011 | 0.2% | £357pcm |
| June 2010 | 0.6% | £356pcm |
| June 2009 | -3.7% | £354pcm |
| June 2008 | 3.9% | £367pcm |
| June 2007 | 0% | £353pcm |
Sales History
The last sale was on 17th September 2021 for £52,500 and since then the market in the area has increased by 19.3%. The postcode has had a total of 13 sales since 1995.
SR8 5RA has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2021£52,500 | 3 Bed House24, Nesbit Road, Peterlee, SR8 5RA24, Nesbit Road, Peterlee, SR8 5RA
- Sold Jul 2019£39,995 | 3 Bed House44, Nesbit Road, Peterlee, SR8 5RA44, Nesbit Road, Peterlee, SR8 5RA
- Sold Apr 2019£52,500 | 3 Bed House28, Nesbit Road, Peterlee, SR8 5RA28, Nesbit Road, Peterlee, SR8 5RA
- Sold Mar 2016£80,000 | 3 Bed House22, Nesbit Road, Peterlee, SR8 5RA22, Nesbit Road, Peterlee, SR8 5RA
- Sold Sep 2012£65,000 | 3 Bed House24, Nesbit Road, Peterlee, SR8 5RA24, Nesbit Road, Peterlee, SR8 5RA
Nearby Postcodes
SR8 5RA is the 693rd largest and the 186th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 5RB, Harrison Close, Peterlee, SR8SR8 5RB28 Addresses|71 m away
- SR8 5RD, Fulwell Road, Peterlee, SR8SR8 5RD13 Addresses|90 m away
- SR8 5QZ, Burdon Place, Peterlee, SR8SR8 5QZ22 Addresses|91 m away
- SR8 5RZ, Hovingham Close, Peterlee, SR8SR8 5RZ25 Addresses|97 m away
- SR8 5LG, Duddon Close, Peterlee, SR8SR8 5LG39 Addresses|117 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 6 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (7)
- mid-century flat (6)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (8)
- G (0)
- D (4)
- No EPC (3)
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 School600 m away
- Seascape Primary School800 m away
- Our Lady of the Rosary Catholic Primary School1.0 km away
- Dene Academy600 m away
- St Bede's Catholic School and Byron Sixth Form College1.2 km away
- The Academy at Shotton Hall1.8 km away
More reading links
Public Transport Nearby
The closest station to SR8 5RA is Horden station, which is 1.6 kilometres away.
- Horden|1.6 km away
- Seaham|8.8 km away
- Hartlepool|11.0 km away
- Seaton Carew|13.7 km away
