Durham Lane, Easington Village, Peterlee, SR8

Street Guide For Durham Lane, Easington Village, Peterlee, SR8

 

Durham Lane, Easington Village, Peterlee, SR8 Map

Estimated Price: £286,788
Average Asking Price: £113,442
Price change in last one year: £5,791
Average Price Paid: £253,500
Average Rent Rates: £516

 

Property Prices Breakdown in Durham Lane, Easington Village, Peterlee, SR8

Average Price for property in Durham Lane, Easington Village, Peterlee, SR8 is around £286,788 which varies based on type of property you are interested in and ranges from £286,788 for detached house to around £287,675 for semi-detached. Values have been changing and have risen £1,286 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £787 in last 6 months, £5,791 in last 1 year, £15,991 in last 2 years, £16,167 in last 3 years, £6,172 in last 4 years and £5,522 in last 5 years.

Currently average asking price of a property in Durham Lane, Easington Village, Peterlee, SR8 is around £113,442 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 £516 per month.

Estimated property value in Durham Lane, Easington Village, Peterlee, SR8 is £286,788. Average asking price is £113,442 while average price paid is £253,500 which is up by £16,167 and Avg. asking rent £516.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 Durham Lane, Easington Village, Peterlee, SR8 area. In last 3 years alone average price buyer paid is around £253,500 based on approximately 2 sales in Durham Lane, Easington Village, Peterlee, SR8 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £253,500. 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 £253,500 for 2 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £81,250, £71,210 for a 2 bedroom house, £107,304 for a 3 bedroom house, £194,468 for a 4 bedroom house and £279,975 for a 5 bedroom house. For a flat similarly the prices varies from £70,748 for a single bedroom to £83,424 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £93,975. To sum up the asking prices for properties in Durham Lane, Easington Village, Peterlee, SR8 it comes to around average £75,999 for 1 bedroom property, £72,773 for 2 bedroom, £107,165 for 3 bedroom, £194,468 for 4 bedroom and £279,975 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £392 for 2 bedroom to £428 for 3 bedroom and £516 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £349. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £422 and £368 for 3 bedroom. You should be generally be expecting around average £349 rent per month for single bedroom property, £394 for 2 bedroom, £426 for 3 bedroom and approximately £516 for 4 bedroom property in Durham Lane, Easington Village, Peterlee, SR8 area.

Popular Houses in Durham Lane, Easington Village, Peterlee, SR8

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Durham Lane, Easington Village, Peterlee, SR8