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Easington market report SR8 5, Peterlee
The standing SR8 5 (Easington) property market report, rebuilt from the full public record every month. The raw material for this page is 2,462 HM Land Registry entries for SR8 5 (Peterlee), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: 25 registered 2026 sales put the SR8 5 (Peterlee) median at £93,000, up 17% on five years earlier, with a mean of £115,300, and by floor area homes here have averaged about £1,240 per square metre over the last five years. Everything rests on 2,462 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
SR8 5 is a postcode sector: one group of streets inside SR8 (Peterlee). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where SR8 5 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 5 homes really sell for
The 2026 median for SR8 5 is £93,000, taken from 25 registered sales. The mean, which is what most sites call the "average house price", is £115,300, a long way above it, which tells you a few very expensive sales are pulling the average up.
Price per square metre in SR8 5
The last five years of sales put SR8 5 at roughly £1,240 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Against a national (England and Wales) median of £285,000, SR8 5 runs 67% below it.
A typical SR8 5 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £93,000 | £93,000 | 25 |
| 2025 | £95,000 | £97,272 | 68 |
| 2024 | £86,500 | £91,967 | 90 |
| 2023 | £82,200 | £90,318 | 67 |
| 2022 | £88,000 | £103,190 | 92 |
| 2021 | £79,500 | £100,657 | 80 |
| 2020 | £68,000 | £88,231 | 46 |
| 2019 | £96,000 | £125,833 | 82 |
| 2018 | £86,500 | £115,306 | 90 |
| 2017 | £70,000 | £95,473 | 60 |
| 2016 | £62,500 | £87,438 | 53 |
| 2015 | £64,200 | £90,715 | 60 |
| 2014 | £65,000 | £92,214 | 51 |
| 2013 | £65,000 | £93,529 | 47 |
| 2012 | £80,000 | £117,750 | 71 |
| 2011 | £70,000 | £105,673 | 48 |
| 2010 | £70,000 | £109,778 | 45 |
| 2009 | £75,000 | £120,563 | 61 |
| 2008 | £77,000 | £126,219 | 79 |
| 2007 | £81,500 | £138,247 | 124 |
| 2006 | £72,000 | £124,983 | 130 |
| 2005 | £71,000 | £126,351 | 116 |
| 2004 | £57,900 | £105,158 | 123 |
| 2003 | £45,000 | £82,901 | 147 |
| 2002 | £39,000 | £73,378 | 112 |
| 2001 | £33,000 | £63,441 | 72 |
| 2000 | £36,200 | £71,043 | 78 |
| 1999 | £28,800 | £57,397 | 78 |
| 1998 | £28,000 | £56,520 | 69 |
| 1997 | £34,500 | £70,753 | 75 |
| 1996 | £31,500 | £66,432 | 63 |
| 1995 | £31,900 | £69,346 | 60 |
In cash terms the typical SR8 5 home went from £31,900 in 1995 to £93,000 in 2026, roughly 2.9 times the price. Inflation explains only part of it: in today's money the rise is still about 34%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 33% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the SR8 5 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 (+28.7% on the year before); the weakest, 2020 (−29.2%). 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) | −2.1% | −4.4% |
| 5 years (since 2021) | +3.2% | −1.6% |
| 10 years (since 2016) | +4.1% | +0.6% |
| 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.
Transaction volumes
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 25 SR8 5 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 113 sales a year before the financial crisis and 68 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
Reading the SR8 5 market
This is a thin market: 25 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. 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.
What homes rent for around SR8 5
For renting purposes SR8 5 sits in County Durham. The ONS average private rent there is £638 a month (May 2026). 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 £93,000 median sold price makes a gross yield of 8.2%. 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.
SR8 5 (Easington): the questions that come up
Are property prices falling in SR8 5 (Easington)?
Is SR8 5 (Easington) a good place to buy a house?
How much did a house sell for in SR8 5 (Easington)?
Are SR8 5 prices heading up or down?
The record answers a different question than "what happens next": the median is up 17% over five years in cash but down 8% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
On the market in SR8 today
Turning to what is actually available: 51 homes on the market right now, from 4 agents publishing to HomesIndex.
These cover the whole SR8 district, not just SR8 5: live asking prices are collected per district.
29% of current listings sit under the prices comparable homes actually fetched. 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" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
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.
Bedroom by bedroom: SR prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the SR area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
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 districts that gained and lost most in cash terms, each row linking through to its own 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 3 | £95,000 | 42 |
| SR8 4 | £85,000 | 40 |
Zoom out to the full SR8 district report for the type split, monthly volumes and how SR8 compares with its neighbours.
Before you sell in SR8 5: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in SR8 5, use the average prices map for a rough value: zoom from SR8 5's shading down to the sold homes on your own street. The figures above are every recorded SR8 5 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working SR8 5: the featured spot on this report is free for founding agents, one per district. Claim SR8 5.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to SR8 5. Free after a one click sign in.
The live map plots every individual SR8 5 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.
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.