Houses for sale in SR8 1EZ, Medway Close, Passfield, Peterlee


House Prices in SR8 1EZ, Medway Close, Passfield

Properties in SR8 1EZ have an average house price of £75k and had 2 Property Transactions within the last 3 years.¹ SR8 1EZ is a postcode in Medway Close located in Passfield, an area in Peterlee, County Durham, with 9 households², where the most expensive property was sold for £84k.


Properties for sale near SR8 1EZ, Medway Close

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Price Paid in Medway Close, SR8 1EZ, Passfield

10 Medway Close, SR8 1EZ, Passfield Peterlee

Property 10 has been sold 1 time. The last time it was sold was in 07/08/2024 and the sold price was £65,000.00.

This terraced house, sold as a freehold on 07/08/2024, is a 86 sqm end-terrace house with an EPC rating of D.

Date Price Property Type Tenure Classification
07/08/2024 £65,000.00 Terraced House freehold Established Building

4 Medway Close, SR8 1EZ, Passfield Peterlee

Property 4 has been sold 1 time. The last time it was sold was in 27/02/2023 and the sold price was £84,000.00.

This terraced house, sold as a freehold on 27/02/2023, is a 86 sqm end-terrace house with an EPC rating of D.

Date Price Property Type Tenure Classification
27/02/2023 £84,000.00 Terraced House freehold Established Building

6 Medway Close, SR8 1EZ, Passfield Peterlee

Property 6 has been sold 3 times. The last time it was sold was in 19/11/2021 and the sold price was £67,000.00.

This terraced house, sold as a freehold on 19/11/2021, is a 71 sqm mid-terrace house with an EPC rating of C.

Date Price Property Type Tenure Classification
19/11/2021 £67,000.00 Terraced House freehold Established Building
15/01/2020 £63,000.00 Terraced House freehold Established Building
17/07/2001 £34,500.00 Terraced House freehold Established Building

12 Medway Close, SR8 1EZ, Passfield Peterlee

Property 12 has been sold 4 times. The last time it was sold was in 22/01/2010 and the sold price was £120,000.00.

This detached house, sold as a freehold on 22/01/2010, is a 144 sqm detached house with an EPC rating of D.

Date Price Property Type Tenure Classification
22/01/2010 £120,000.00 Detached House freehold Established Building
05/09/2008 £122,950.00 Detached House freehold Established Building
15/09/2004 £81,000.00 Detached House freehold Established Building
09/01/1998 £25,000.00 Detached House freehold Established Building

5 MEDWAY CLOSE Peterlee, SR8 1EZ, Passfield Peterlee

This is a 52 square meter End-terrace Bungalow with an EPC rating of E. Currently, there is no transaction history available for this property.

2 MEDWAY CLOSE Peterlee, SR8 1EZ, Passfield Peterlee

This is a 53 square meter Detached Bungalow with an EPC rating of E. Currently, there is no transaction history available for this property.

1 MEDWAY CLOSE Peterlee, SR8 1EZ, Passfield Peterlee

This is a 52 square meter End-terrace Bungalow with an EPC rating of D. Currently, there is no transaction history available for this property.

3 MEDWAY CLOSE Peterlee, SR8 1EZ, Passfield Peterlee

This is a 52 square meter Mid-terrace Bungalow with an EPC rating of D. Currently, there is no transaction history available for this property.

Property price trends in SR8 1EZ, Medway Close

According to the latest Land Registry data, the average home in SR8 1EZ, Medway Close sold for £65,000 in 2024. That figure comes from 9 sales logged over the past 26 years.

Prices have softened over the last three years. Compared with 2021, when the typical sale came in around £67,000, that's a fall of roughly 3%.

Looking back five years, average prices are up about 3.2% since 2020, a gain of around £2,000 in cash terms.

Property Price Paid in SR8 1EZ, Medway Close by Year

The average sold property price by year was:

Year Average Sold Price Price Change
Sold Properties More information
2024 £65,000
Price decrease
-29%
1 Property
2023 £84,000
Price increase
20%
1 Property
2021 £67,000
Price increase
6%
1 Property
2020 £63,000
Price decrease
-90%
1 Property
2010 £120,000
Price decrease
-2%
1 Property
2008 £122,950
Price increase
34%
1 Property
2004 £81,000
Price increase
57%
1 Property
2001 £34,500
Price increase
28%
1 Property
1998 £25,000
-
1 Property
Source: HM Land Registry — official sold price data published by the UK Government.

Property Price per Property Type in SR8 1EZ, Medway Close

Here you can find historic sold price data in order to help with your property search.

The average Property Paid Price for specific property types in the last three years are:

Property Type Average Sold Price Sold Properties
Terraced House £74,500.00 2 Terraced Houses
Source: HM Land Registry — official sold price data published by the UK Government.