Average Price for property in Cherry Avenue, Peterlee, SR8 is around £60,461 e.g. average price for terraced house is around 60,461. Values have been changing and have risen £266 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £165 in last 6 months, £1,205 in last 1 year, £3,327 in last 2 years, £3,369 in last 3 years, £1,298 in last 4 years and £1,168 in last 5 years.
Currently average asking price of a property in Cherry Avenue, 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 Cherry Avenue, Peterlee, SR8 is £60,461. Average asking price is £113,589 while average price paid is £43,000 which is up by £3,369 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 Cherry Avenue, Peterlee, SR8 area. In last 3 years alone average price buyer paid is around £43,000 based on approximately 1 sales in Cherry Avenue, Peterlee, SR8 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £43,000. 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 £43,000 for 1 per sale.