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Paradise Lane is a residential street with 15 addresses.
It ranks as the 422nd largest and 579th most expensive of the 1,137 streets in the SR8 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 15 properties: 15 houses.
Paradise Lane is a residential street with 15 addresses.
It ranks as the 422nd largest and 579th most expensive of the 1,137 streets in the SR8 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 15 properties: 15 houses.
Sale prices range from £89,030 for 3 bedroom freehold houses with a garden (925 ft2) to £127,743 for 5 bedroom freehold houses with a garden (1,883 ft2) .
Monthly rental prices range from £633 pcm for 3 bed houses to £825 pcm for 5 bed houses.
The gross rental yield is between 7.5% and 8.8%.
The average value per square foot is £86.
The last sale on Paradise Lane sold for £73,000 on 19th January 2026. Since then prices are up an average of 10.6%.
The current average value in the street is £101,620.
The Paradise Lane Sales Market has increased by 31.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.3% | £101,620 |
| May 2025 | 2.7% | £101,280 |
| May 2024 | 2.2% | £98,624 |
| May 2023 | 3% | £96,498 |
| May 2022 | 9% | £93,711 |
| May 2021 | 4.5% | £85,967 |
| May 2020 | 0.6% | £82,299 |
| May 2019 | 1% | £81,772 |
| May 2018 | 3.9% | £80,979 |
| May 2017 | 0.7% | £77,910 |
| May 2016 | -0.7% | £77,404 |
| May 2015 | 1.8% | £77,971 |
| May 2014 | 1.2% | £76,574 |
| May 2013 | -1.6% | £75,647 |
| May 2012 | -4.5% | £76,910 |
| May 2011 | -3.8% | £80,565 |
| May 2010 | 4.7% | £83,789 |
| May 2009 | -11.2% | £80,051 |
| May 2008 | -0.2% | £90,159 |
| May 2007 | 0% | £90,315 |
The current average rental value in the street is £677.
The Paradise Lane Rental Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.9% | £677pcm |
| May 2025 | 3% | £658pcm |
| May 2024 | 7.8% | £639pcm |
| May 2023 | 9.1% | £593pcm |
| May 2022 | 6.2% | £544pcm |
| May 2021 | 7.1% | £512pcm |
| May 2020 | 1.6% | £478pcm |
| May 2019 | 0.9% | £470pcm |
| May 2018 | 0.5% | £466pcm |
| May 2017 | 0.1% | £464pcm |
| May 2016 | 2.4% | £464pcm |
| May 2015 | -0.2% | £453pcm |
| May 2014 | -0.3% | £454pcm |
| May 2013 | -3.9% | £455pcm |
| May 2012 | -1.4% | £474pcm |
| May 2011 | 0.1% | £480pcm |
| May 2010 | 4.5% | £480pcm |
| May 2009 | -0.6% | £459pcm |
| May 2008 | 1.5% | £462pcm |
| May 2007 | 0% | £455pcm |
The last sale was on 19th January 2026 for £73,000 and since then the market in the area has increased by 10.6%. The street has had a total of 22 sales since 1995.
Paradise Lane, Peterlee, SR8 has seen 3 sales in the last three years and 1 sale in the last twelve months.
Paradise Lane, Peterlee, SR8 is the 422nd largest and the 579th most expensive street in the SR8 area.
There is 1 postcode on Paradise Lane, Peterlee, SR8.
The closest station to Paradise Lane, Peterlee, SR8 is Horden station which is 3.7 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Paradise Lane, Peterlee, SR8, 47.1% of property is privately owned with a mortgage and 36.6% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Paradise Lane, Peterlee, SR8, 17.3% of residents are recorded as possessing school level qualifications and 23.3% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Paradise Lane, Peterlee, SR8, the average age was 43 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Paradise Lane, Peterlee, SR8, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Paradise Lane, Peterlee, SR8, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.