SR8 5RQ is a residential postcode situated on Thornes Close, Peterlee, SR8 with 8 addresses.
It ranks as the 505th largest and 792nd 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 8 properties: 8 houses.
SR8 5RQ is a residential postcode situated on Thornes Close, Peterlee, SR8 with 8 addresses.
It ranks as the 505th largest and 792nd 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 8 properties: 8 houses.
Sale prices range from £91,956 for 3 bedroom freehold houses with a garden (925 ft2) to £94,027 for 3 bedroom freehold houses with a garden (968 ft2) .
Monthly rental prices range from £724 pcm for 3 bed houses to £727 pcm for 3 bed houses.
The gross rental yield is between 9.3% and 9.4%.
The average value per square foot is £98.
The last sale in SR8 5RQ sold for £75,000 on 22nd September 2017. Since then prices are up an average of 33.5%.
The current average value in the postcode is £93,382.
The SR8 5RQ Sales Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £93,382 |
| April 2025 | 3.3% | £92,052 |
| April 2024 | 0.9% | £89,124 |
| April 2023 | 3.5% | £88,367 |
| April 2022 | 10.5% | £85,349 |
| April 2021 | 3.6% | £77,253 |
| April 2020 | 1.5% | £74,583 |
| April 2019 | 2% | £73,452 |
| April 2018 | 2.1% | £72,024 |
| April 2017 | 1% | £70,536 |
| April 2016 | 0.4% | £69,859 |
| April 2015 | 0.5% | £69,559 |
| April 2014 | 1.3% | £69,240 |
| April 2013 | -0.3% | £68,371 |
| April 2012 | -6.7% | £68,568 |
| April 2011 | -3.5% | £73,471 |
| April 2010 | 0.2% | £76,156 |
| April 2009 | -12.4% | £75,997 |
| April 2008 | 1.8% | £86,757 |
| April 2007 | 0% | £85,219 |
The current average rental value in the postcode is £726.
The SR8 5RQ Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £726pcm |
| April 2025 | 4.2% | £699pcm |
| April 2024 | 6.3% | £671pcm |
| April 2023 | 10.5% | £632pcm |
| April 2022 | 7.4% | £572pcm |
| April 2021 | 6.7% | £532pcm |
| April 2020 | 0.8% | £499pcm |
| April 2019 | 0.6% | £495pcm |
| April 2018 | -0.4% | £492pcm |
| April 2017 | 0.8% | £494pcm |
| April 2016 | 2.3% | £490pcm |
| April 2015 | -1% | £479pcm |
| April 2014 | -0.5% | £484pcm |
| April 2013 | -2.7% | £486pcm |
| April 2012 | -2.6% | £500pcm |
| April 2011 | -0.4% | £513pcm |
| April 2010 | 0.2% | £515pcm |
| April 2009 | -1.7% | £514pcm |
| April 2008 | 2.6% | £522pcm |
| April 2007 | 0% | £509pcm |
The last sale was on 22nd September 2017 for £75,000 and since then the market in the area has increased by 33.5%. The postcode has had a total of 4 sales since 1995.
SR8 5RQ has seen no sales in the last three years and no sales in the last twelve months.
SR8 5RQ is the 505th largest and the 792nd most expensive postcode out of the 1,728 postcodes in the SR8 area.
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The closest station to SR8 5RQ is Horden station which is 1.3 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 5RQ, 34.8% of property is socially rented and 23.2% is privately owned with a mortgage.
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 5RQ, 19.2% of residents are recorded as possessing school level qualifications and 14.1% 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 5RQ, 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 5RQ, 0.7% 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 5RQ, 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.