SR8 3NH house prices
SR8 3NH has an average sold price of £48,936 across 32 HM Land Registry transactions.
SR8 3NH decision snapshot
SR8 3NH has 32 HM Land Registry sales, a median sold price of £46,225 and an average sold price of £48,936. Use the recent transactions and nearby postcode comparisons before treating the average as a guide.
- Average sold price
- £48,936
- Mean of registered sold prices in this postcode.
- Median sold price
- £46,225
- Often a better guide when outliers affect the average.
- Transactions
- 32
- HM Land Registry records used for this postcode.
- 5-year movement
- Not enough data
- Historical sold-price movement, not a valuation.
SR8 3NH House Prices Overview
SR8 3NH is a more affordable market, with average prices 88% below the national average. The median sits below the average, suggesting that a subset of higher-value sales pulls the mean upward — a pattern common in areas with mixed housing stock ranging from starter homes to luxury properties. Based on 32 registered HM Land Registry transactions across 19 years of data, these figures reflect actual completed sales rather than asking prices. Five-year growth compares average prices over 12-month windows; the most recent months may be slightly incomplete due to registration lag (sales can take 2–6 months to appear in the Land Registry). Note that this analysis draws on 32 transactions, which gives a directional picture but may not capture the full price range of this area.
Frequently Asked Questions
Why is my postcode missing?
A postcode may be missing when it has no recorded sales or too few registered HM Land Registry transactions to publish a useful page. Very recent completions can also be absent until registration and the next monthly data refresh.
How is the average price for this postcode calculated?
The average is the mean of registered residential sale prices available for this postcode in the Land Registry data. It is based on sold prices, not current valuations.
Are these asking prices?
No. These are completed sold prices recorded by HM Land Registry. They are not estate-agent asking prices, live listings or automated valuations.
Can I use this as a valuation?
No. The page is a research summary of historical sold prices. Use it to understand local evidence, then compare property condition, size, tenure, transaction type and professional valuation advice before making a decision.
Why can small postcode samples look unusual?
Some postcodes have only a small number of recorded sales. A few high or low value transactions can move the average, so the transaction count should be read alongside the price.
Property valuation guide
Estimate a property value in SR8 3NH
Professional valuers use recent sold prices as comparable evidence. In SR8 3NH, the median sold price is £46,225 and the average is £48,936, based on 32 HM Land Registry transactions.
These are historical completed-sale prices — not a formal valuation, asking price or investment advice. Use them to sense-check an asking price or set expectations before instructing a surveyor.
SR8 area price trends
Yearly trend data is shown at postcode district level to keep the sample size reliable.
Market insights
Median vs average
£2,711 below avg
Median price is lower than the average, so a few higher-value sales may lift the mean.
Sales pace
2 / year
Based on 32 sales over 19 active years.
Sample quality
Consistent sample
Median and average prices are not showing a strong outlier signal in the recent sample.
Nearby postcodes
SR8 4QQ
Closest comparison shown at £38,355.
Data note
Limited sample
32 transactions provide a directional view but may not capture the full market range.
Location
Postcodes in PETERLEE
Data and methodology
Sold price statistics are calculated from HM Land Registry Price Paid Data and grouped by postcode, town, street or district. The records shown for SR8 3NH are based on available HM Land Registry sale records. Figures are historical sold prices, not a property valuation, and may exclude transactions that have not yet been registered or records with incomplete location data.
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