Houses for sale in Peterlee, County Durham

Frequently asked questions about buying in Peterlee

What is the average house price in Peterlee?

The average home for sale in Peterlee is priced at £114,000. A few very expensive homes pull that average up, so a more typical price is £90,000. This is based on the 47 homes for sale on Houses right now.

How much does a 2 or 3 bedroom home cost in Peterlee?

A typical 2-bedroom home in Peterlee costs £70,000 and a 3-bedroom home £92,000. So the extra bedroom adds about £22,000. 4-bedroom homes are about £237,000.

What price range should I expect in Peterlee?

Most homes in Peterlee are priced between £48,000 and £319,000, leaving out the very cheapest and most expensive. One in five costs less than £70,000, and one in five £180,000 or more.

How many homes are for sale in Peterlee?

There are 77 homes for sale in Peterlee on Houses right now, plus 14 already under offer. 20 new listings came onto the market in the last 30 days.

Are house prices going up in Peterlee?

No, they are falling. Homes put up for sale in Peterlee over the last 12 months were advertised at a typical £90,000, 5.3% lower than the year before (£95,000). By size, 3-bedroom homes are down 10% and 4-bedroom homes are down 38%.

How long does it take to sell a home in Peterlee?

Homes usually sell or come off the market within about 9 weeks. About 36% go within the first month, and a quarter take longer than about 4 months. Houses go faster, in about 9 weeks against about 3 months for flats.

What do homes actually sell for in Peterlee?

In the year to July 2026, 161 homes sold in Peterlee at a typical price of £105,000, according to HM Land Registry.

What rental yield can I get in Peterlee?

About 8.4% gross for flats and 7.3% for houses. That compares typical rents with what flats and houses actually sold for in Peterlee over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Peterlee?

Semi-detached houses are the most common, about 4 in 10 homes for sale in Peterlee. Terraced houses come next, followed by detached houses. Terraced houses are the cheapest, at about £70,000, and detached houses the most expensive, at about £315,000.

Where are the cheapest places to buy near Peterlee?

Of the areas around Peterlee, Horden is the cheapest, with a typical asking price of £62,000, followed by Easington Colliery (£75,000) and Easington (£85,000). Peterlee itself is £90,000.

Are homes in Peterlee freehold or leasehold?

Almost all homes for sale in Peterlee are freehold and the rest leasehold, which is mostly flats.

What are the schools like in Peterlee?

There are 6 primary and 2 secondary schools in Peterlee. 100% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.