Average Price for property in Lancaster Hill, Peterlee, SR8 is around £67,779 which varies based on type of property you are interested in and ranges from £76,241 for detached house to around £66,911 for semi-detached. Similarly terraced house is around £67,270 and a flat is worth £51,000. Values have been changing and have risen £278 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £173 in last 6 months, £1,265 in last 1 year, £3,489 in last 2 years, £3,533 in last 3 years, £1,364 in last 4 years and £1,226 in last 5 years.
Currently average asking price of a property in Lancaster Hill, 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 Lancaster Hill, Peterlee, SR8 is £67,779. Average asking price is £113,589 while average price paid is £48,000 which is up by £3,533 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 Lancaster Hill, Peterlee, SR8 area. In last 3 years alone average price buyer paid is around £48,000 based on approximately 1 sales in Lancaster Hill, Peterlee, SR8 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £52,275. 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 £58,075 for 8 per sale.