Average Price for property in Dormand Drive, Peterlee, SR8 is around £149,836 which varies based on type of property you are interested in and ranges from £152,678 for detached house to around £146,994 for semi-detached. Values have been changing and have risen £644 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £395 in last 6 months, £2,900 in last 1 year, £8,007 in last 2 years, £8,098 in last 3 years, £3,097 in last 4 years and £2,774 in last 5 years.
Currently average asking price of a property in Dormand Drive, Peterlee, SR8 is around £113,589 based on approximately 2 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 Dormand Drive, Peterlee, SR8 is £149,836. Average asking price is £113,589 while average price paid is £149,500 which is up by £2,900 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 Dormand Drive, Peterlee, SR8 area. In last 1 year alone average price buyer paid is around £149,500 based on approximately 2 sales in Dormand Drive, Peterlee, SR8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £138,790. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £138,790 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £145,658 per sale.