# Peterlee Property Market Summary
Peterlee presents an affordable entry point into the County Durham property market, with an overall average price of £84,052 across nearly 9,550 properties. This new town, developed in the post-war era, offers significantly below-national-average prices, making it particularly attractive for first-time buyers and investors seeking value in the North East. The market has experienced notable volatility over recent years, with average prices fluctuating considerably between £87,752 in 2016 and reaching peaks of £137,152 in 2022.
Recent trends reveal an intriguing pattern, with 2024 seeing a substantial increase in transaction volume (858 sales) at a more modest average price of £100,323, suggesting strong market activity at accessible price points. The early 2025 figures show a striking average of £172,050, though this is based on just 208 sales and may reflect a shift towards higher-value properties or seasonal variations. The market's accessibility, combined with its position between Durham and the Durham Heritage Coast, makes Peterlee a practical choice for those seeking affordability whilst maintaining connections to employment centres and coastal amenities.
The average house price in Peterlee, Durham is £84,052. Prices range from £1,000 to £8,300,000.
There are 9,548 properties in Peterlee with 12,384 recorded transactions since 1995.
The median house price in Peterlee is £62,000, compared to an average of £84,052.
Peterlee has 4,856 terraced properties, 2,743 semi-detached properties, 1,632 detached properties, 207 other properties.
Average house prices in Peterlee have risen by 359.4% from £37,453 in 1995 to £172,050 in 2025.
The most popular streets in Peterlee by number of properties include Brougham Court, Cotsford Park Estate, Hatfield Place, Seventh Street, Danesly Close.
Peterlee is located in Durham, in the Easington district.