Matterdale Road, Peterlee, Durham, SR8 5LF
PA

Matterdale Road, Peterlee, Durham, SR8 5LF

By Pattinson Estate Agents

£ 54,000

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

TO BE SOLD VIA ONLINE AUCTION (27/12/2024 12:00) FEES APPLY. NO CHAIN .. POTENTIAL RENT £650PCM .. £80,000 RESALE VALUE 2 bedroom semi-detached property located in central Peterlee, Co Durham. In brief, floor plan consists of:- Entrance hall, kitchen, lounge diner, To the first...

Property Oracle says ..

This two-bedroom property in Peterlee, County Durham, presents a mixed bag. The property is listed at £54,000 and includes a small garden. However, the images reveal a property in need of significant renovation. Dampness, worn carpets and walls, and an overall dated aesthetic are evident throughout. The kitchen and bathroom appear particularly tired. While the location benefits from relatively close proximity to a number of schools and train stations (though distant), the lack of readily available comparable property information makes it difficult to assess the true market value. Potential buyers should budget significantly for renovations; the cost of these works needs to be factored into the overall purchase price to determine if it represents good value. The property would require substantial investment to bring it up to a modern standard. The images clearly depict a property in significant need of repair and refurbishment, which heavily influences the overall assessment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
3
Location
4
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
764.24

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
211,000.00 £
Increased by 2.49 %
from 205,865.00 £
Est sale value
210,930.24 £
Increased by 14.52 %
from 184,181.84 £
Average area rental value
961.00 £/mo
Decreased by 14.43 %
from 1,123.00 £/mo
Est letting value
764.24 £/mo
Unchanged by 0.00 %
from 764.24 £/mo
Est rental Yield
5.47 %
Decreased by 16.49 %
from 6.55 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Seascape Children'S CentreChildren's Centre0.51 KM
Dene House Primary SchoolAcademy Sponsor LedRequires improvement0.59 KM
Seascape Primary SchoolCommunity SchoolGood0.64 KM
Dene AcademyAcademy Converter0.67 KM
Our Lady Star Of The Sea Roman Catholic Voluntary Aided PrimaryVoluntary Aided SchoolGood1.57 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Wasdale Close £ 000.00 KM
Eden Vale Estate £ 000.00 KM
Aged Miners Homes £ 000.00 KM
Grasmere Road £ 000.00 KM
Northumberland Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Seaham7814SEA9.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
Matterdale Road, Peterlee, Durham, SR8 5LF £ 54,000BUY4 / 100.00 KM
Braithwaite Road, Peterlee, County Durham, SR8 £ 33,000BUY4 / 100.11 KM
Elm Tree Gardens, Peterlee, Durham, SR8 5SD £ 80,000BUYUnknown0.20 KM
60 Grisedale Road, Peterlee, County Durham, SR8 5PQ £ 5,000BUYUnknown0.26 KM
Elm Tree Gardens, Peterlee £ 140,000BUY7 / 100.26 KM

Nearby Properties

AddressPriceDistance
49 Matterdale Road £ 75,0000.01 KM
27 Matterdale Road £ 45,0000.01 KM
15 Matterdale Road £ 39,9500.01 KM
31 Matterdale Road £ 20,0000.01 KM
32 Braithwaite Road £ 77,0000.12 KM