Average Price for property in Welland Close, Peterlee, SR8 is around £67,598 which varies based on type of property you are interested in and ranges from £86,428 for detached house to around £66,867 for semi-detached. Similarly terraced house is around £66,989 and a flat is worth £37,002. Values have been changing and have risen £283 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £178 in last 6 months, £1,289 in last 1 year, £3,554 in last 2 years, £3,599 in last 3 years, £1,389 in last 4 years and £1,249 in last 5 years.
Currently average asking price of a property in Welland Close, Peterlee, SR8 is around £113,589 based on approximately 1 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 Welland Close, Peterlee, SR8 is £67,598. Average asking price is £113,589 while average price paid is £52,500 which is up by £1,289 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 Welland Close, Peterlee, SR8 area. In last 1 year alone average price buyer paid is around £52,500 based on approximately 1 sales in Welland Close, Peterlee, SR8 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £52,583. 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 £57,214 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £57,214 per sale.