Urban morphology has been a longstanding field of interest for geographers but without adequate focus on its economic significance. From an economic perspective, urban morphology appears to be a fundamental determinant of house prices since morphology influences accessibility. This PhD thesis investigates the question of how the housing market values urban morphology. Specifically, it investigates people's revealed preferences for street patterns. The research looks at two distinct types of housing market, one in the UK and the other in China, exploring both static and dynamic relationships between urban morphology and house price. A network I have spent almost three years to complete this research, in fact, during these time I am not fighting the war of PhD independently. This work would not have been completed without the great support and sincere help from many people. First of all, I would like to thank my supervisors Prof. Chris Webster and Dr. Scott Orford for developing my knowledge of urban economics, and commenting and correcting successive drafts of the thesis in every detail, as well as their support,