51, Morpeth Street
51, Morpeth Street
Description & Estimates
51, Morpeth Street, Peterlee is recorded publicly as a period freehold house across 1,044 ft2 of internal area, sitting on a 201 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 51, Morpeth Street, Peterlee is £87,421 and its rental estimate is £607 per month, given the available information and assuming reasonable condition.
Morpeth Street, Horden, Peterlee, SR8 falls within the SR8 postal district.
Our Data Sources
51, Morpeth Street, Peterlee has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated September 2020.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 51, Morpeth Street, Peterlee, we estimate a market value of £91,792 and a rental value of £637 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £81,302 and £564 per month respectively.
Recent Market Change
Over the last year, 51, Morpeth Street, Peterlee has seen its estimated sale value rise by £543 (0.6%) and its estimated rental value move up by £19 per month (3.1%). This results in an estimated gross rental yield of 8.3%.
Plot Size
HM Land Registry records the plot of land for 51, Morpeth Street, Peterlee as measuring 201 m2.
That makes it the 11th largest plot in the postcode, where 25 of the 27 other houses have recorded plot data.
Energy Efficiency
51, Morpeth Street, Peterlee has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 51, Morpeth Street, Peterlee completed on 14th June 2021 at £62,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 30.9% over the period since June 2021.
- Sold Jun 2021£62,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 51, Morpeth Street, Peterlee have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st February 2023, was 4, Alnwick Street, Peterlee, SR8 4BG, a freehold house which sold for £75,000.
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
Of the 54 addresses on Morpeth Street, Horden, Peterlee, SR8, 51, Morpeth Street, Peterlee comes out as the 26th largest and the 19th most expensive in our analysis of the public data.
It is also £36k less expensive than the average property across the SR8 district.
More reading links
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
From 51, Morpeth Street, Peterlee, the nearest station is Horden, 1.5 kilometres away.
- 1.5kmHorden
- 7.5kmSeaham
- 11.8kmHartlepool
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
