Average Price for property in Bailey Rise, Peterlee, SR8 is around £51,520 which varies based on type of property you are interested in and ranges from £52,896 for semi-detached to around £43,260 for terraced house. Values have been changing and have risen £225 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £143 in last 6 months, £1,028 in last 1 year, £2,831 in last 2 years, £2,866 in last 3 years, £1,109 in last 4 years and £999 in last 5 years.
Currently average asking price of a property in Bailey Rise, Peterlee, SR8 is around £113,589 based on approximately 0 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £518 per month.
Estimated property value in Bailey Rise, Peterlee, SR8 is £51,520. Average asking price is £113,589 while average price paid is £47,000 which is up by £2,866 and Avg. asking rent £518.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bailey Rise, Peterlee, SR8 area. In last 3 years alone average price buyer paid is around £47,000 based on approximately 2 sales in Bailey Rise, Peterlee, SR8 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £47,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £54,100 for 5 per sale.