Property profile

40Oxford Close

Map showing 40, Oxford Close, Peterlee

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£120,000

Semi-Detached sold in Peterlee

The box shows the middle 50% of semi-detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold20 Dec 2016
£94,950Change since last sale: +£26,000 (+28%)
Annualised change
+2.5% per yearCounty Durham annualised change (semi-detached) since 2016: +3.9% per yearThis property's value grew slower than the market
Price per sq ftLocal median £123 per sq ft
£163 per sq ftEstimate vs local median: +£40 per sq ft (+33%)
Local sold pricesMedian for semi-detached in Peterlee
£113,000Estimate vs local median: +£8,000 (+7.2%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / End-Terrace
TenureFreehold
Floor area69 m² / 743 sq ft
EPC ratingB
EPC inspection06 Dec 2016

Sales history

DatePriceChange
20 Dec 2016£94,950-

Local market

Property prices in Peterlee

Median price: £91,000
Price per sq ft: £99
Sales (last 12 months): 101
Typical range (middle 50%): £80K – £122K

Based on 101 recent sales, the median property price is £91,000 (about £99 per square foot) in Peterlee area, with individual transactions ranging from £16,000 up to £380,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Peterlee over the last year.
TypeSalesMedian£/sq ft
Detached9£207,000£143
Semi-Detached51£113,000£123
Terraced38£84,500£91
Flats3£75,000£80

10-year price trendmedian sale price in Peterlee

Sale price

Ten year median sale price trend for each property type in Peterlee.
YearDetachedSemi-DetachedTerraced
2016£163,975£82,000£77,000
2017£147,450£77,975£70,500
2018£131,495£85,500£61,000
2019£136,995£90,000£65,000
2020£165,000£68,000£71,500
2021£176,000£83,500£75,000
2022£185,000£88,500£78,650
2023£216,250£90,000£75,000
2024£215,000£105,500£77,500
2025£185,000£110,000£84,975
2026£145,000£120,000£85,000
Ten year median sale price trend for each property type in Peterlee.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Peterlee.
YearDetachedSemi-DetachedTerraced
2016£167£82£84
2017£129£84£74
2018£158£96£70
2019£158£115£73
2020£154£75£78
2021£150£98£81
2022£172£117£85
2023£167£105£88
2024£184£126£81
2025£163£118£93
2026£143£142£91
Ten year median sale price per square foot trend for each property type in Peterlee.

Price distribution by property typelast 12 months

Price distribution by property type for Peterlee in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near SR8 2EF.

Recent sold properties in the last 18 months near SR8 2EF
DateAddressTypeTenurePriceMap
20 Feb 202614, Oxford Close, Peterlee, SR8 2EFSemi-DetachedFreehold£140,000
21 Nov 202518, Oxford Close, Peterlee, SR8 2EFDetachedFreehold£160,000
25 Jul 202543, Oxford Close, Peterlee, SR8 2EFDetachedFreehold£170,000
27 Jun 202543, Oxford Close, Peterlee, SR8 2EFDetachedFreehold£180,000
18 Jul 202511, Nottingham Place, Peterlee, SR8 2DLTerracedFreehold£61,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1, Oxford Close, PeterleeFreehold85 m²£129,950 (2017)
2, Oxford Close, PeterleeFreehold85 m²£114,950 (2016)
3, Oxford Close, PeterleeFreehold79 m²£156,500 (2020)
4, Oxford Close, PeterleeFreehold69 m²£104,950 (2015)
5 Oxford Close, PeterleeFreehold86 m²£88,000 (2021)
6, Oxford Close, PeterleeFreehold69 m²£94,950 (2016)
7, Oxford Close, PeterleeFreehold88 m²£154,950 (2015)
8, Oxford Close, PeterleeFreehold88 m²£149,950 (2016)
9, Oxford Close, PeterleeFreehold85 m²£120,950 (2016)
10, Oxford Close, PeterleeFreehold85 m²£119,950 (2015)

Area insights for SR8 2EF

Full area profile →

Overview

Postcode SR8 2EF is located in an urban city, within the Peterlee area of County Durham in the North East region, and forms part of the Peterlee West area. It has high deprivation and high crime levels, with around 66.4 crimes per 1,000 residents per year, about 43% below the North East average of 117 per 1,000. The average income per household in Peterlee West is £38,652 per year. The median sale price in Peterlee is £91,000 (around £99 per square foot), with typical sale prices between £80,000 and £121,999. The nearest station is Horden, about 1.7 miles away. There are 4 primary and 2 secondary schools in the area.

Crime rate
7/10
Crimes per 1k residents
66
Deprivation level
7/10
Income level
3/10
Social housing
4.8%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

7/10

Peterlee West has a high level of deprivation, ranked at position 11,463 out of 32,844 areas in England, placing it within the top 35% most deprived areas in England.

Crime level

7/10

Peterlee West has a high crime rate, with approximately 66.4 reported incidents per 1,000 population each year.

Social housing

4.8%

Approximately 4.8% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 25.5% of dwellings are socially rented.

Income level

3/10

The average income per household in Peterlee West is £38,652 per year.

Noise Level

No noise

No significant noise sources from railways or roads near SR8 2EF.

Flood risk

No risk

Peterlee West near SR8 2EF has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Horden located about 1.7 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
475
Population density
8,407.1 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
38.33(-1%)
Criminal damage and arson
9.58(-16%)
Anti-social behaviour
6.16(-72%)
Burglary
4.79(+7%)
Other theft
3.42(-43%)
North East average

Demographics

Ethnic groups

British
466
98.11%
White and Asian (mixed)
3
0.63%
Chinese
1
0.21%
White and Black African (mixed)
1
0.21%
Other Mixed or Multiple ethnic groups
1
0.21%
Total population: 475

Economics

Education (age 16+)

Level 3 (A level)
105
28.69%
Level 4+ (Degree)
85
23.22%
Level 2 (GCSEs 9-4)
65
17.76%
No qualifications
47
12.84%
Level 1 (GCSEs 3-1)
34
9.29%
Total 16+ residents: 366

Housing

Housing tenure

Owns with a mortgage
119
62.96%
Owns outright
41
21.69%
Private landlord or letting agency
18
9.52%
Other social rented
8
4.23%
Other forms of private rent
2
1.06%
Total households: 189

Schools

In the SR8 2EF postcode area, located within Peterlee West, there are 4 primary and 2 secondary schools in close proximity.

Ratings include official Ofsted judgements and Area360 summaries of inspection grades. Open a school’s inspection details to see the full breakdown.

Nearby schools for SR8 2EF
DistancePhaseNameTypeRatingLinks
0.2 miPrimaryAcre Rigg AcademyAcademy sponsor led
0.2 miPrimaryAcre Rigg Infant SchoolCommunity school
0.4 mi16 plusEast Durham CollegeFurther education

Local amenities

No Supermarkets & Convenience Stores nearby