# SR8 3FD Area Summary
The SR8 3FD postcode covers part of Easington Lane in County Durham, a traditional former mining community located approximately 8 miles east of Durham city. This established residential area offers predominantly terraced and semi-detached properties that appeal to first-time buyers and families seeking affordable housing in the North East. The locality benefits from good local amenities including schools, shops, and community facilities, whilst maintaining convenient road links to Sunderland, Durham, and the wider region.
With 68 properties recorded and an average price of £199,713, this postcode represents exceptional value compared to the national average. The pricing reflects the area's characteristic housing stock of modestly-sized family homes, typical of County Durham's ex-mining villages. This price point positions SR8 3FD as an accessible market for those looking to step onto the property ladder or invest in buy-to-let opportunities, offering considerably more space and value than comparable budgets would achieve in nearby urban centres. The market here tends to attract local buyers and investors drawn by the combination of low entry costs and steady rental demand from the established community.
The average house price in SR8 3FD, Peterlee is £199,713. Prices range from £70,000 to £880,000.
There are 68 properties in SR8 3FD, Peterlee.
SR8 3FD contains 38 detached properties, 26 semi-detached properties, 3 terraced properties, 1 other properties.
Average house prices in SR8 3FD have fallen by 77.6% from £880,000 in 2017 to £197,500 in 2024.
SR8 3FD is located in Peterlee, County Durham, England.