SR8 5LJ house prices
SR8 5LJ has an average sold price of £51,804 across 44 HM Land Registry transactions.
SR8 5LJ decision snapshot
SR8 5LJ has 44 HM Land Registry sales, a median sold price of £52,750 and an average sold price of £51,804. Use the recent transactions and nearby postcode comparisons before treating the average as a guide.
- Average sold price
- £51,804
- Mean of registered sold prices in this postcode.
- Median sold price
- £52,750
- Often a better guide when outliers affect the average.
- Transactions
- 44
- HM Land Registry records used for this postcode.
- 5-year movement
- +0.6%
- Historical sold-price movement, not a valuation.
SR8 5LJ House Prices Overview
SR8 5LJ is a more affordable market, with average prices 87% below the national average with modest five-year growth of +0.6%, tracking just below the national trend. The close alignment of median and average prices indicates a relatively uniform market without extreme high-value outliers. Based on 44 registered HM Land Registry transactions across 24 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 44 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 5LJ
Professional valuers use recent sold prices as comparable evidence. In SR8 5LJ, the median sold price is £52,750 and the average is £51,804, based on 44 HM Land Registry transactions. Over five years, prices have moved +0.6%, which affects how comparables from earlier years should be weighted.
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 5LJ prices rose +0.6% over 5 yearsⓘ, below the national average of +18.5%.
SR8 area price trends
Yearly trend data is shown at postcode district level to keep the sample size reliable.
Market insights
Median vs average
£946 above avg
Median price is higher than the average, suggesting lower-value sales pull the mean down.
Sales pace
2 / year
Based on 44 sales over 24 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
44 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 5LJ 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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