15, Morpeth Street
15, Morpeth Street
Description & Estimates
Public records show 15, Morpeth Street, Peterlee to be a period freehold house with 839 ft2 of internal area, sitting on a 200 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
15, Morpeth Street, Peterlee has an estimated sale value of £78,514 and an estimated rental value of £601 per month, assuming reasonable condition and based on the information available.
Morpeth Street, Horden, Peterlee, SR8 lies within the SR8 postal district.
Our Data Sources
15, Morpeth Street, Peterlee has 2 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 15, Morpeth Street, Peterlee would be worth £82,439, with a potential rental value of £631 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £73,018, with a rental value of £559 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Morpeth Street, Peterlee has moved up by £487 (0.6%) over the last year. During the same period, its estimated monthly rental value has increased by £18 (3.1%). The property's estimated gross yield is currently 9.2%.
Plot Size
15, Morpeth Street, Peterlee occupies a 200 m2 plot as recorded by HM Land Registry.
Of the 27 other houses in this postcode, 25 have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
15, Morpeth Street, Peterlee has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Oct 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
15, Morpeth Street, Peterlee last changed hands on 12th July 2019, selling for £34,969. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 39.1% since July 2019.
- Sold Jul 2019£34,969
- Sold Apr 2008£80,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 930 metres of 15, Morpeth Street, Peterlee across the last 2 years.
Most recently, 4, Alnwick Street, Peterlee, SR8 4BG, a freehold house, sold at £75,000 on the 21st February 2023.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Morpeth Street, Peterlee as the 47th largest and the 33rd most expensive of the 54 addresses on Morpeth Street, Horden, Peterlee, SR8.
Against the SR8 postcode district average, it is £44k less expensive than the typical property.
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Schools Nearby
- 300mOur Lady Star of the Sea Catholic Primary School
- 800mSeascape Primary School
- 1.1kmCotsford Primary School
- 1.4kmDene Academy
- 2.3kmSt Bede's Catholic School and Byron Sixth Form College
- 2.5kmEasington Academy
More reading links
Public Transport Nearby
Horden station is the nearest stop to 15, Morpeth Street, Peterlee at 1.5 kilometres away.
- 1.5kmHorden
- 7.5kmSeaham
- 11.8kmHartlepool
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
