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Welfare CloseHouse Prices / North East, County Durham
Last updated May 2026
Key Street Insights
Welfare Close is a residential street with 28 addresses.
It ranks as the 751st largest and 437th most expensive of the 1,154 streets in the SR8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 28 properties: 2 houses and 26 flats.
28
Properties
- Houses
- Flats
Key Street Insights
Welfare Close is a residential street with 28 addresses.
It ranks as the 751st largest and 437th most expensive of the 1,154 streets in the SR8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 28 properties: 2 houses and 26 flats.
28
Properties
- Houses
- Flats
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House Priceson Welfare Close
Sale prices range from £77,317 for 2 bedroom Leasehold flats (398 ft2) to £223,158 for 5 bedroom freehold houses with a garden (2,066 ft2) .
Monthly rental prices range from £565 pcm for 2 bed flats to £1,232 pcm for 5 bed houses.
The gross rental yield is between 6.4% and 8.8%.
The average value per square foot is £166.
Average Sale Value
£96,576
Average Rental Value
£675 pcm
Average Rental Yield
8.4% /year
Average Value Per Sqft
£166 /ft2
Sales Market Trendson Welfare Close
The last sale on Welfare Close sold for £77,000 on 23rd December 2021. Since then prices are up an average of 12.9%.
The current average value in the street is £96,576.
The Welfare Close Sales Market has increased by 19.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.5% | £96,576 |
| April 2025 | 2.7% | £98,005 |
| April 2024 | 1% | £95,448 |
| April 2023 | 3.1% | £94,548 |
| April 2022 | 6.6% | £91,728 |
| April 2021 | 1.9% | £86,069 |
| April 2020 | 0.8% | £84,493 |
| April 2019 | 0.5% | £83,805 |
| April 2018 | 2.1% | £83,362 |
| April 2017 | 1.1% | £81,635 |
| April 2016 | 0.4% | £80,785 |
| April 2015 | 1.7% | £80,474 |
| April 2014 | 0.6% | £79,136 |
| April 2013 | -0.8% | £78,665 |
| April 2012 | -2.5% | £79,265 |
| April 2011 | -3.4% | £81,336 |
| April 2010 | 3.2% | £84,226 |
| April 2009 | -11.3% | £81,649 |
| April 2008 | 0.6% | £92,048 |
| April 2007 | 0% | £91,543 |
Rental Market Trendson Welfare Close
The current average rental value in the street is £675.
The Welfare Close Rental Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £675pcm |
| April 2025 | 3.2% | £666pcm |
| April 2024 | 6.3% | £646pcm |
| April 2023 | 9.6% | £607pcm |
| April 2022 | 3.9% | £554pcm |
| April 2021 | 4.6% | £534pcm |
| April 2020 | -0.3% | £510pcm |
| April 2019 | 0.3% | £512pcm |
| April 2018 | -0.6% | £510pcm |
| April 2017 | 0.4% | £513pcm |
| April 2016 | 2.4% | £511pcm |
| April 2015 | 0.3% | £499pcm |
| April 2014 | -1% | £497pcm |
| April 2013 | -2.3% | £502pcm |
| April 2012 | 0.3% | £514pcm |
| April 2011 | 0.5% | £513pcm |
| April 2010 | 2.9% | £511pcm |
| April 2009 | -0.3% | £496pcm |
| April 2008 | 1.9% | £498pcm |
| April 2007 | 0% | £488pcm |
Explore Propertieson Welfare Close, Peterlee, SR8
- Poplar House, Welfare Close, Peterlee, SR8 3RL5 bed mid-century house
- 23, Welfare Close, Peterlee, SR8 3RL4 bed modern house
- 25, Welfare Close, Peterlee, SR8 3RL3 bed modern flat
- 26, Welfare Close, Peterlee, SR8 3RL3 bed modern flat
- 27, Welfare Close, Peterlee, SR8 3RL2 bed modern flat
- 28, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 29, Welfare Close, Peterlee, SR8 3RL2 bed modern flat
- 30, Welfare Close, Peterlee, SR8 3RL2 bed modern flat
- 31, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 32, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 33, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 34, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 35, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 36, Welfare Close, Peterlee, SR8 3RL2 bed modern flat
- 37, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 38, Welfare Close, Peterlee, SR8 3RL2 bed modern flat
- 39, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 40, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 41, Welfare Close, Peterlee, SR8 3RL2 bed modern flat
- 42, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 43, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 44, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 45, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 46, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 47, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 48, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 49, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
- 50, Welfare Close, Peterlee, SR8 3RL2 bed mid-century flat
Sales Historyon Welfare Close, Peterlee, SR8
The last sale was on 23rd December 2021 for £77,000 and since then the market in the area has increased by 12.9%. The street has had a total of 2 sales since 1995.
Welfare Close, Peterlee, SR8 has seen no sales in the last three years and no sales in the last twelve months.
Top 3 Most Expensive Saleson Welfare Close, Peterlee, SR8
Nearby Streetsto Welfare Close, Peterlee, SR8
Welfare Close, Peterlee, SR8 is the 751st largest and the 437th most expensive street in the SR8 area.
- 56 mSeaside Lane, Easington Colliery, Peterlee, SR887 Addresses
- 73 mGrey Court, Easington, Peterlee, SR89 Addresses
- 86 mSeaside Lane South, Peterlee, SR822 Addresses
- 114 mBurnip Close, Easington, Peterlee, SR824 Addresses
- 118 mLintzford Mews, Easington Colliery, Peterlee, SR86 Addresses
- 122 mVincent Street, Peterlee, SR818 Addresses
Postcodeson Welfare Close, Peterlee, SR8
There is 1 postcode on Welfare Close, Peterlee, SR8.
- House prices in SR8 3RL28 Addresses
Property Typesin Welfare Close
- 1 modern house built after 1980
- 8 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 18 mid-century flats built between 1936 and 1979
- modern house (1)
- modern flat (8)
- mid-century house (1)
- mid-century flat (18)
Energy Efficiencyof properties on Welfare Close
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The dominant rating is C.
- A (1)
- E (0)
- B (0)
- F (0)
- C (23)
- G (0)
- D (4)
- No EPC (0)
Schools Nearbyto Welfare Close, Peterlee, SR8
The nearest primary school to Welfare Close, Peterlee, SR8 is Easington Colliery Primary School which is 483 metres away.
- 483mEasington Colliery Primary School
- 1.7kmOur Lady Star of the Sea Catholic Primary School
- 1.8kmEasington CofE Primary School
The nearest secondary school is Easington Academy which is 1.6 kilometres away.
- 1.6kmEasington Academy
- 3.4kmDene Academy
- 3.5kmSt Bede's Catholic School and Byron Sixth Form College
More reading links
Public Transport Nearbyto Welfare Close, Peterlee, SR8
The closest station to Welfare Close, Peterlee, SR8 is Horden station which is 3.5 kilometres away.
- 3.5kmHorden
- 5.5kmSeaham
- 13.5kmSunderland
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