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 %
- Est sale value
- 210,930.24 £Increased by 14.52 %
- Average area rental value
- 961.00 £/moDecreased by 14.43 %
- Est letting value
- 764.24 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.47 %Decreased by 16.49 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Pattinson Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Seascape Children'S Centre | Children's Centre | 0.51 KM | |
| Dene House Primary School | Academy Sponsor Led | Requires improvement | 0.59 KM |
| Seascape Primary School | Community School | Good | 0.64 KM |
| Dene Academy | Academy Converter | 0.67 KM | |
| Our Lady Star Of The Sea Roman Catholic Voluntary Aided Primary | Voluntary Aided School | Good | 1.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wasdale Close | £ 0 | 0 | 0.00 KM |
| Eden Vale Estate | £ 0 | 0 | 0.00 KM |
| Aged Miners Homes | £ 0 | 0 | 0.00 KM |
| Grasmere Road | £ 0 | 0 | 0.00 KM |
| Northumberland Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Seaham | 7814 | SEA | 9.20 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Matterdale Road, Peterlee, Durham, SR8 5LF | £ 54,000 | BUY | 4 / 10 | 0.00 KM |
| Braithwaite Road, Peterlee, County Durham, SR8 | £ 33,000 | BUY | 4 / 10 | 0.11 KM |
| Elm Tree Gardens, Peterlee, Durham, SR8 5SD | £ 80,000 | BUY | Unknown | 0.20 KM |
| 60 Grisedale Road, Peterlee, County Durham, SR8 5PQ | £ 5,000 | BUY | Unknown | 0.26 KM |
| Elm Tree Gardens, Peterlee | £ 140,000 | BUY | 7 / 10 | 0.26 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 49 Matterdale Road | £ 75,000 | 0.01 KM |
| 27 Matterdale Road | £ 45,000 | 0.01 KM |
| 15 Matterdale Road | £ 39,950 | 0.01 KM |
| 31 Matterdale Road | £ 20,000 | 0.01 KM |
| 32 Braithwaite Road | £ 77,000 | 0.12 KM |