Key indicators for buyers
The SR8 market is moderately favourable for buyers. Prices are rising at 15.5%, which may favour acting sooner rather than later. Affordability has improved from a peak of 5.6x in 2006 to 4.3x today. Rising rents (£629/mo, +6.6%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider County Durham area
A home in County Durham costs 4.3x the local median salary — relatively affordable, improving from a peak of 5.6x in 2006.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider County Durham area
Average monthly rent in County Durham is £629, up 6.6% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average County Durham price of £147,499 with a 25% deposit (£37k), a 2-year fixed mortgage at 3.97% costs around £582 per month.
Monthly cost comparison based on current data
Uses SR8 avg. price with County Durham rental data
Monthly mortgage payments (£582) are £47 less than renting (£629). However, buying requires an upfront deposit of £37k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
8, HILTON DRIVE SR8 5UF | Detached | £285,000 | 22 Jan 2026 |
55, BERWICK CHASE SR8 1NQ | Detached | £310,000 | 16 Jan 2026 |
30, LAMBTON COURT SR8 1NG | Semi-detached | £190,000 | 16 Jan 2026 |
12, SEA VIEW, EASINGTON SR8 3EJ | Terraced | £72,500 | 14 Jan 2026 |
50, THE COPPICE, EASINGTON COLLIERY SR8 3NU | Detached | £226,000 | 14 Jan 2026 |
32, SPRINGBANK SR8 1FA | Semi-detached | £145,000 | 14 Jan 2026 |
29, HANDLEY STREET, HORDEN SR8 4NW | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in SR8 sold for £147,499 in 2026, with a median of £139,999 across 11 transactions. Prices rose 15.5% compared to the previous year.
| £55,000 |
| 13 Jan 2026 |
6, CHARLES STREET SR8 3QR | Terraced | £42,000 | 12 Jan 2026 |
14, QUANTOCK PLACE SR8 2LN | Terraced | £94,995 | 9 Jan 2026 |
11, LIDDLE CLOSE SR8 2QD | Semi-detached | £62,000 | 9 Jan 2026 |
20, SLEDMERE CLOSE SR8 5JN | Semi-detached | £139,999 | 9 Jan 2026 |
TURNER HOUSE, BURNHOPE WAY SR8 1NT | Other | £100,000 | 19 Dec 2025 |
11, ASKERTON DRIVE SR8 1PW | Detached | £193,289 | 19 Dec 2025 |
34, AMERSHAM CRESCENT SR8 5JJ | Semi-detached | £75,000 | 19 Dec 2025 |
5, NORHAM DRIVE SR8 1ND | Detached | £340,000 | 18 Dec 2025 |
11, LONDONDERRY TERRACE SR8 3LF | Terraced | £55,000 | 18 Dec 2025 |
14, MORPETH STREET, HORDEN SR8 4BB | Terraced | £109,995 | 17 Dec 2025 |
36, GRISEDALE ROAD SR8 5PG | Terraced | £59,000 | 17 Dec 2025 |
7, BEECH TERRACE, HORDEN SR8 4JP | Semi-detached | £79,995 | 17 Dec 2025 |
1, BEECH TERRACE, HORDEN SR8 4JP | Semi-detached | £122,000 | 16 Dec 2025 |
The most recent recorded sale in SR8 was a detached property on Hilton Drive for £285,000 in January 2026. Across the last 20 sales, the median price was £109,995.