Values have been changing and have risen £390 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £241 in last 6 months, £1,764 in last 1 year, £4,867 in last 2 years, £4,925 in last 3 years, £1,893 in last 4 years and £1,700 in last 5 years.
Currently average asking price of a property in York Road, 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 York Road, Peterlee, SR8 is £88,218. Average asking price is £113,589 while average price paid is £69,000 which is up by £1,764 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 York Road, Peterlee, SR8 area. In last 1 year alone average price buyer paid is around £69,000 based on approximately 2 sales in York Road, Peterlee, SR8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £72,000. 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 £72,916 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £72,125 per sale.