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Easington market report SR8 2, Peterlee

The standing SR8 2 (Easington) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 3,003 sales registered with HM Land Registry in SR8 2 (Peterlee) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.

In short: a typical SR8 2 (Peterlee) home changed hands for £89,000 in 2026 (median of 30 registered sales, up 13% on five years earlier), with the mean at £107,200, and by floor area homes here have averaged about £1,210 per square metre over the last five years. Source: 3,003 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.

A postcode sector like SR8 2 is a single group of streets within SR8 (Peterlee), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.

The going rate for a home in SR8 2

The SR8 2 median stands at £89,000 for 2026, built from 30 registered sales; the mean, the figure usually quoted as the "average house price", is £107,200, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.

House prices per square metre in SR8 2

A square metre of SR8 2 home has cost about £1,210 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.

England and Wales as a whole trade at a £285,000 median, leaving SR8 2 69% below the national figure.

In cash terms the typical SR8 2 home went from £39,700 in 1995 to £89,000 in 2026, roughly 2.2 times the price. In today's money, though, the move is modest, around 3%. The cash growth mostly records inflation, with homes themselves changing little in real value. In inflation-adjusted terms the high-water mark was 2006. The market now sits about 37% below it, so a peak-time purchase has yet to recover its real value.

The strongest year on record here is 2004 (+31.8% on the year before); the weakest, 1998 (−30.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

The long view: annualised growth

The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.

Sales activity in SR8 2

SR8 2 recorded 30 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 138 sales a year before the financial crisis and 71 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

The rental side of SR8 2

The local authority for SR8 2 is County Durham, and its ONS average private rent currently stands at £638 a month (May 2026 figures). The spread runs from £447 a month for a typical one-bed to £982 at four-plus bedrooms, which is size doing most of the pricing.

Against the £89,000 median purchase price, a rent of £638 a month (£7,656 a year) works out at a 8.6% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.

Reading the SR8 2 market

This is a thin market: 30 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.

Asked and answered: SR8 2 (Easington)

Where do SR8 2 prices go next?

The record answers a different question than "what happens next": the median is up 13% over five years in cash but down 11% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.

SR8's current homes for sale

Moving up a bedroom in SR: the cost

The risers and the fallers

The spread across the SR area is the point: the same five years treated these districts very differently.

Other sectors in SR8

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SR8, each linking to its own report:

Zoom out to the full SR8 district report for the type split, monthly volumes and how SR8 compares with its neighbours.

Thinking of selling in SR8 2? Get a rough value first

Dig further

Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SR8 2. Free, with a one click sign in.

Two maps carry on from here: every SR8 2 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.

About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.