House prices on South Terrace

Median value — November 2026

£61,000

Modelled from 29 properties Stede tracks in South Terrace

Market snapshot

£61,000

Median value

£61,966

Average value

1

Sales in the last 12 months

+2%

Change over the past year

Value over time

  • Modelled value
  • Projected
£20k£40k£60k£80k£100k20002002200420062008201020122014201620182020202220242026

Modelled month by month from the UK House Price Index, averaged across every property type Stede tracks here.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled value
2000£30,717
2001£32,985
2002£39,381
2003£50,082
2004£66,651
2005£74,000
2006£78,833
2007£82,936
2008£73,287
2009£74,387
2010£71,226
2011£68,838
2012£67,813
2013£65,142
2014£64,487
2015£66,588
2016£67,316
2017£70,172
2018£70,357
2019£69,826
2020£74,891
2021£82,013
2022£90,993
2023£88,353
2024£93,572
2025£97,890
2026£99,000

There aren't enough recorded sales on South Terrace alone to model a trend for it, so this line shows Peterlee instead.

Property types

  • Mid-terrace house100%£61,000

Recent sales

Addresses in South Terrace

About this area

South Terrace, in Peterlee, is a street. Stede can model 29 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of November 2026, South Terrace has a median estimated value of £61,000 and an average of £61,966.

Modelled values in South Terrace are +2% over the past year and +18% over five years.

The market here is mostly mid-terrace houses, which make up 100% of the properties Stede tracks in South Terrace.

1 sale was recorded in South Terrace over the past 12 months.

Common questions

What is the average house price in South Terrace?

As of November 2026, the average estimated value is £61,966 and the median is £61,000 across 29 properties Stede tracks in South Terrace. This is not a formal market valuation.

Are house prices in South Terrace going up or down?

Modelled values in South Terrace are +2% over the past year and +18% over five years, based on the UK House Price Index.

What types of property are in South Terrace?

100% of the properties Stede tracks in South Terrace are mid-terrace houses.

How many properties are in South Terrace?

Stede can model 29 properties in South Terrace, with 1 recorded sale in the past 12 months.

How does Stede calculate house prices for South Terrace?

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources used for every individual property valuation on Stede. Full detail is on the methodology page.

How we calculate this

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources behind every individual property valuation on Stede.

Read the full methodology and data sources →