SR7 7EA is a residential postcode located on Marquess Point, Seaham, SR7. It is the 1258th largest postcode in the SR7 area.
It contains 27 residential addresses consisting of 7 houses and 20 flats and the most common type of property is a modern flat built after 1980.
The average house value is £166,304. Sales values have increased in the last 12 months by 1.9% and Rental values have increased by 8.3%.
Property sale values range from £119,550 for a leasehold flat, with 2 bedrooms split across 495 square feet of gross internal area and has no outside space to £269,359 for a leasehold house, with 4 bedrooms split across 1,215 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SR7 7EA is £222/ft2.
Properties achieve a rental yield of between 5.3% and 6%, and rental values range from £599 to £1,186 per month.
The last sale was 01 Mar 2024 for £160,000 and since then the market in the area as increased by 1.2%. The postcode has had a total of 4 sales since 1995.
SR7 7EA has seen 1 sale in the last three years and 1 sale in the last twelve months.
SR7 7EA is the 1258th largest and the 1102nd most expensive postcode out of the 1,675 postcodes in the SR7 area.
SR7 7EA is a residential postcode located on Marquess Point, Seaham, SR7 with 7 houses and 20 flats within its bounds.
The most common property type in SR7 7EA is a modern flat built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to SR7 7EA is Seaham station which is 700 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SR7 7EA, 29.2% of property is privately owned outright and 26.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SR7 7EA, 16.1% of residents are recorded as possessing school level qualifications and 25.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around SR7 7EA, the average age was 42.6 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SR7 7EA, 0.3% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SR7 7EA, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.