Wear Terrace - SR8 3JX
Key Street Insights
Wear Terrace is a residential street with 20 addresses.
It ranks as the 552nd largest and 613th most expensive of the 1,138 streets in the SR8 area. The most common property type is a early-century house built between 1912 and 1935.
The street contains a total of 20 properties: 14 houses and 6 other properties.
- Ave. Sale Price
- £102,003
- 10 Year change
- up 30.7%
- Ave. Rental Price
- £722pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £106/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Key Street Insights
Wear Terrace is a residential street with 20 addresses.
It ranks as the 552nd largest and 613th most expensive of the 1,138 streets in the SR8 area. The most common property type is a early-century house built between 1912 and 1935.
The street contains a total of 20 properties: 14 houses and 6 other properties.
- Ave. Sale Price
- £102,003
- 10 Year change
- up 30.7%
- Ave. Rental Price
- £722pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £106/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Explore Properties on Wear Terrace, Peterlee, SR8
- 1 Wear Terrace
4 Bed Early-century House
- 2 Wear Terrace
3 Bed Early-century House
- 3 Wear Terrace
3 Bed Early-century House
- 4 Wear Terrace
4 Bed Mid-century House
- 5 Wear Terrace
4 Bed Early-century House
Sales Market Trends
The last sale on Wear Terrace sold for £87,500 on 23rd May 2025. Since then prices are up an average of 0.9%.
The current average value in the street is £102,003.
The Wear Terrace Sales Market has increased by 30.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -0.5% | £102,003 |
| July 2025 | 3.5% | £102,550 |
| July 2024 | 4.4% | £99,084 |
| July 2023 | -0.2% | £94,953 |
| July 2022 | 10.5% | £95,121 |
| July 2021 | 5.1% | £86,081 |
| July 2020 | 0.6% | £81,867 |
| July 2019 | 1.3% | £81,354 |
| July 2018 | 4.5% | £80,308 |
| July 2017 | -1.5% | £76,845 |
| July 2016 | -0.4% | £78,015 |
| July 2015 | 2% | £78,300 |
| July 2014 | 2.7% | £76,799 |
| July 2013 | -1% | £74,760 |
| July 2012 | -5.8% | £75,541 |
| July 2011 | -4.2% | £80,202 |
| July 2010 | 4.7% | £83,758 |
| July 2009 | -10% | £80,004 |
| July 2008 | -2.5% | £88,892 |
| July 2007 | 0% | £91,196 |
Rental Market Trends
The current average rental value in the street is £722.
The Wear Terrace Rental Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.9% | £722pcm |
| July 2025 | 4.5% | £695pcm |
| July 2024 | 9.1% | £665pcm |
| July 2023 | 7.7% | £609pcm |
| July 2022 | 7.6% | £565pcm |
| July 2021 | 2.6% | £525pcm |
| July 2020 | 2.2% | £512pcm |
| July 2019 | -0.7% | £501pcm |
| July 2018 | 1.5% | £505pcm |
| July 2017 | 0.1% | £497pcm |
| July 2016 | 0.5% | £497pcm |
| July 2015 | 0.1% | £495pcm |
| July 2014 | -0.6% | £494pcm |
| July 2013 | -0.7% | £497pcm |
| July 2012 | -1.9% | £500pcm |
| July 2011 | 0.5% | £510pcm |
| July 2010 | 1.4% | £508pcm |
| July 2009 | -3.6% | £501pcm |
| July 2008 | 5.5% | £520pcm |
| July 2007 | 0% | £492pcm |
Sales History
The last recorded sale was on 23rd May 2025 for £87,500 and since then the market in the area has increased by 0.9%.
Wear Terrace, Peterlee, SR8 has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold May 2025£87,500 | 3 Bed House2, Wear Terrace, Peterlee, SR8 3JX2, Wear Terrace, Peterlee, SR8 3JX
- Sold Mar 2025£147,000 | 4 Bed House4, Wear Terrace, Peterlee, SR8 3JX4, Wear Terrace, Peterlee, SR8 3JX
- Sold Jun 2024£56,000 | 3 Bed House3, Wear Terrace, Peterlee, SR8 3JX3, Wear Terrace, Peterlee, SR8 3JX
Top 3 Most Expensive Sales
- Sold Mar 2025£147,000 | 4 Bed House4, Wear Terrace, Peterlee, SR8 3JX4, Wear Terrace, Peterlee, SR8 3JX
- Sold Oct 2006£130,000 | 4 Bed House20, Wear Terrace, Peterlee, SR8 3JX20, Wear Terrace, Peterlee, SR8 3JX
- Sold Aug 2021£130,000 | 4 Bed House11, Wear Terrace, Peterlee, SR8 3JX11, Wear Terrace, Peterlee, SR8 3JX
Nearby Streets
Wear Terrace, Peterlee, SR8 is the 552nd largest and the 613th most expensive street in the SR8 area.
- Tyne Terrace, Peterlee, SR810 Addresses|46 m away
- Glebe Crescent, Peterlee, SR85 Addresses|51 m away
- Paradise Lane, Peterlee, SR815 Addresses|86 m away
- Holm Hill Gardens, Peterlee, SR875 Addresses|99 m away
- St. Nicholas Terrace, Peterlee, SR815 Addresses|101 m away
- Delamere Gardens, Peterlee, SR84 Addresses|110 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 11 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (3)
- early-century house (11)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (4)
- G (0)
- D (9)
- No EPC (6)
Schools Nearby
- Easington Colliery Primary School200 m away
- Easington CofE Primary School1.4 km away
- Our Lady Star of the Sea Catholic Primary School2.0 km away
- Easington Academy1.3 km away
- St Bede's Catholic School and Byron Sixth Form College3.5 km away
- Dene Academy3.6 km away
More reading links
Public Transport Nearby
The closest station to Wear Terrace, Peterlee, SR8 - SR8 3JX is Horden station, which is 3.8 kilometres away.
- Horden|3.8 km away
- Seaham|5.4 km away
- Sunderland|13.3 km away
