Local market reports › SR area › SR8 › SR8 3
Easington market report SR8 3, Peterlee
The SR8 3 (Easington) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 4,702 registered sales in SR8 3 (Peterlee) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the typical home in SR8 3 (Peterlee) sold for £95,000 in 2026, the median of 42 registered sales, down 2% on five years earlier. The mean was £113,600, and by floor area homes here have averaged about £1,260 per square metre over the last five years. The figures cover 4,702 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
SR8 3 is one sector of SR8 (Peterlee): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where SR8 3 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What SR8 3 homes really sell for
The 2026 median for SR8 3 is £95,000, taken from 42 registered sales. The mean, which is what most sites call the "average house price", is £113,600, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
Price per square metre in SR8 3
By floor space, homes in SR8 3 have sold for about £1,260 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
Against a national (England and Wales) median of £285,000, SR8 3 runs 67% below it.
The price of a typical SR8 3 home, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £95,000 | £95,000 | 42 |
| 2025 | £90,000 | £92,152 | 145 |
| 2024 | £83,500 | £88,778 | 150 |
| 2023 | £73,500 | £80,759 | 157 |
| 2022 | £90,000 | £105,535 | 171 |
| 2021 | £97,000 | £122,815 | 176 |
| 2020 | £76,500 | £99,260 | 113 |
| 2019 | £56,100 | £73,534 | 156 |
| 2018 | £60,000 | £79,981 | 129 |
| 2017 | £71,800 | £97,928 | 144 |
| 2016 | £87,200 | £121,994 | 120 |
| 2015 | £72,000 | £101,736 | 127 |
| 2014 | £60,000 | £85,120 | 100 |
| 2013 | £65,800 | £94,680 | 74 |
| 2012 | £62,500 | £91,992 | 67 |
| 2011 | £69,500 | £104,918 | 65 |
| 2010 | £73,000 | £114,483 | 65 |
| 2009 | £69,000 | £110,918 | 70 |
| 2008 | £74,000 | £121,302 | 141 |
| 2007 | £80,000 | £135,702 | 232 |
| 2006 | £74,000 | £128,455 | 251 |
| 2005 | £70,000 | £124,572 | 240 |
| 2004 | £49,800 | £90,447 | 324 |
| 2003 | £28,000 | £51,583 | 297 |
| 2002 | £28,200 | £53,058 | 204 |
| 2001 | £25,000 | £48,061 | 187 |
| 2000 | £32,500 | £63,781 | 134 |
| 1999 | £35,000 | £69,753 | 160 |
| 1998 | £26,200 | £52,887 | 146 |
| 1997 | £24,000 | £49,219 | 116 |
| 1996 | £25,200 | £53,146 | 98 |
| 1995 | £26,000 | £56,520 | 101 |
In cash terms the typical SR8 3 home went from £26,000 in 1995 to £95,000 in 2026, roughly 3.7 times the price. Even after inflation that is a real rise of about 68%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2007, and today's median remains roughly 30% under it: a 2007 buyer is still waiting to get that price back in today's money.
Year-on-year change in the SR8 3 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2004 (+77.9% on the year before); the weakest, 2001 (−23.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +5.6% | +3.1% |
| 5 years (since 2021) | −0.4% | −5.0% |
| 10 years (since 2016) | +0.9% | −2.5% |
| 20 years (since 2006) | +1.3% | −1.5% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in SR8 3
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 42 sales completed in SR8 3. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 234 sales a year before the financial crisis and 133 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What homes rent for around SR8 3
SR8 3 falls under County Durham, where the ONS puts the average private rent at £638 a month (May 2026 figures). A one-bed averages £447 a month here and a four-or-more-bed £982, so size does most of the work in setting the rent.
Average monthly rent by size, County Durham
ONS Price Index of Private Rents, May 2026.
£638 a month is £7,656 a year, which against the £95,000 median sold price makes a gross yield of 8.1%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Reading the SR8 3 market
Only 42 sales completed here in the last twelve months of data, which makes SR8 3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
Asked and answered: SR8 3 (Easington)
Is SR8 3 (Easington) a good place to buy a house?
How much did a house sell for in SR8 3 (Easington)?
Are property prices falling in SR8 3 (Easington)?
What happens to SR8 3 prices now?
The record answers a different question than "what happens next": the median is roughly flat over five years in cash but down 23% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What you could buy in SR8 now
This is what you could actually buy today: 51 homes currently on the market from 4 agents publishing to HomesIndex.
These cover the whole SR8 district, not just SR8 3: live asking prices are collected per district.
29% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
- Ennerdale Close, Peterlee, County Durham, SR8 5QA, Peterlee
- Whitehouse Court, Easington Village, County Durham, SR8 3HZ, Easington Village
- Burdon Court, Horden, County Durham, SR8 4JA, Horden
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every SR8 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in SR
The Land Registry record, split by size: what each kind of home actually sold for across the SR area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £199,972 | £270,000 (+35%) | £414,995 (+54%) | £527,500 (+27%) |
| Semi-detached | £115,000 | £134,995 (+17%) | £184,500 (+37%) | £265,000 (+44%) | £382,500 (+44%) |
| Terraced | £87,000 | £88,000 (+1%) | £110,000 (+25%) | £160,000 (+45%) | £235,000 (+47%) |
| Flat | £69,000 | £90,000 (+30%) | £162,500 (+81%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the SR area is the point: the same five years treated these districts very differently.
Five-year change in the median, SR area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in SR8
A few minutes' walk can separate two very different markets. Here are SR8's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SR8 1 | £184,000 | 32 |
| SR8 2 | £89,000 | 30 |
| SR8 4 | £85,000 | 40 |
| SR8 5 | £93,000 | 25 |
Zoom out to the full SR8 district report for the type split, monthly volumes and how SR8 compares with its neighbours.
Selling a home in SR8 3? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in SR8 3, use the average prices map for a rough value: zoom from SR8 3's shading down to the sold homes on your own street. The figures above are every recorded SR8 3 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim SR8 3.
Take it further
Behind the answers sits the same Land Registry record as this page, with SR8 3 already set as the subject. Free, one click sign in.
The live map plots every individual SR8 3 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.