Eighth Street, Peterlee house prices

Eighth Street, Peterlee house prices are built from 97 sales lodged with HM Land Registry, the oldest in 2006 and the most recent on 25 Nov 2025. The median price paid across the whole record is £26,500. Across the 18 years from 2006 to 2024 the median moved -37.6% in cash — but once inflation is taken out, the change in 2026 money is -63.1%.

HM Land Registry97 sales6 with floor areaLatest sale 25 Nov 2025

The chart tracks the median Eighth Street, Peterlee house price for every year with a recorded sale, from 2006 to 2024. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.

The highest yearly median on record for Eighth Street, Peterlee is £48,000 in 2006; the lowest is £18,500 in 2016. Across the full 19-year record the cash median has moved from £48,000 to £29,961.

In 2026 money that first median is worth £85,455, so the real change over the whole record is -63.1% — about -5.39% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.

Over the last decade alone the difference is stark: -37.6% in cash against -63.1% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.

Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.

These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Eighth Street, Peterlee values — no mix of property types can flatter the number.

The mix of property types explains a large part of any area's median. Eighth Street, Peterlee is dominated by the type at the top of this table, so its overall median leans that way.

2 of the sales on record are leasehold and 95 freehold — 2.1% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.

The median leasehold sale is £23,500 and the median freehold sale £26,500 — a gap of +12.8%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.

A further 55 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.

Every certificate carries an energy efficiency band as well as a floor area. Across County Durham, 45.4% of 308,749 certificates sit in bands A to C, and 3.5% in F or G — the bands that cost the most to heat and are hardest to mortgage.

The Office for National Statistics puts the mean private rent in County Durham at £641 a month as of Jun 2026 — £450 for a one-bedroom home and £683 for three bedrooms.

Against the median sale of £26,500 here, that rent is a gross yield of 29.03% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.

Police forces publish every recorded street-level crime. Within a mile of the centre of SR8, 306 crimes were recorded in Jun 2026: 108 violent, 8 burglary, 9 vehicle-related and 52 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is 1.8 times busier.

Against the 522,068 residents the 2021 census counted in County Durham, that is 0.59 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.

A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.

The 2021 census counted 522,068 residents in County Durham across 234,764 households. 62.8% of those households own their home and 37.1% rent — a split the sold record cannot show, because only owners appear in it.

19 state and independent schools have a SR8 postcode: 12 primary, 4 secondary, 2 nursery, 1 16 plus. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.

The median across the whole archive is £157,500. Eighth Street, Peterlee sits below that national figure — -83.2%.

Within Peterlee the street ranks 483 of 501 by median price, and its median is below the town figure of £63,000 (-57.9%).

Where an EPC floor area could be matched to the sale, the median works out at £276 per square metre, across 6 of the 97 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.

The full range on record runs from £9,300 to £97,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.

Eighth Street, Peterlee sits in County Durham, in the North East.

The Office for National Statistics puts the median home in County Durham at 4.3 times median local earnings of £32,945 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.

Streets nearby

• Brougham Court£89,000 median
• Seventh Street£27,500 median
• Hatfield Place£77,000 median
• Cotsford Park Estate£43,250 median
• Lindisfarne£49,950 median
• Barsloan Grove£57,225 median
• Holm Hill Gardens£120,000 median
• The Coppice£149,950 median
• Rosedale Terrace£63,000 median
• Lakemore£77,725 median
• Eleventh Street£26,000 median
• Twelfth Street£25,000 median
• Garside Grove£60,000 median
• Pentland Close£64,250 median
• Third Street£28,000 median
• Oak Road£67,250 median

Addresses with more than one recorded sale

• 32 Eighth Street8 sales
• 21 Eighth Street6 sales
• 20 Eighth Street5 sales
• 8 Eighth Street4 sales
• 11 Eighth Street4 sales
• 10 Eighth Street3 sales
• 29 Eighth Street3 sales
• 34 Eighth Street3 sales
• 19 Eighth Street3 sales
• 44 Eighth Street3 sales
• 3 Eighth Street3 sales
• 18 Eighth Street3 sales
• 22 Eighth Street3 sales
• 1 Eighth Street3 sales
• 2 Eighth Street3 sales
• 37 Eighth Street3 sales
• 6 Eighth Street3 sales
• 23A Eighth Street2 sales
• 21A Eighth Street2 sales
• 30 Eighth Street2 sales
• 41 Eighth Street2 sales
• 31 Eighth Street2 sales
• 42 Eighth Street2 sales
• 25 Eighth Street2 sales

Back to Peterlee house prices.

What is the average house price in Eighth Street, Peterlee?

The median price paid in Eighth Street, Peterlee across every sale on the register is £26,500. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.

How many homes have sold in Eighth Street, Peterlee?

97 sales are on record for Eighth Street, Peterlee, the most recent completing on 25 Nov 2025. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.

Have Eighth Street, Peterlee house prices actually risen?

In cash, the median rose -37.6% between 2006 and 2024. In 2026 money — that is, after inflation — the change is -63.1%. Both numbers are true; only the second one tells you whether buying here preserved value.

When were Eighth Street, Peterlee house prices at their highest?

The highest yearly median on record is £48,000, set in 2006. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.

What is the price per square metre in Eighth Street, Peterlee?

£276 per square metre, from the 6 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.

How current is this data?

The latest sale shown here completed on 25 Nov 2025. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.

Cite this page: Sold Price History, “Eighth Street, Peterlee house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.