SR7 7FB is a residential postcode located on Elderberry Close, Seaham, SR7. It is the 921st largest postcode in the SR7 area.
It contains 18 houses and the most common type of property is a modern house built after 1980.
The average house value is £92,492. Sales values have increased in the last 12 months by 3.2% and Rental values have increased by 9.7%.
Property sale values range from £92,492 for a freehold house, with 3 bedrooms split across 1,098 square feet of gross internal area and has a garden to £220,325 for a freehold house, with 4 bedrooms split across 1,163 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SR7 7FB is £107/ft2.
Properties achieve a rental yield of between 6.4% and 8.8%, and rental values range from £677 to £1,169 per month.
The last sale was 27 Jan 2023 for £350,000 and since then the market in the area as increased by 1.6%. The postcode has had a total of 4 sales since 1995.
SR7 7FB has seen 2 sales in the last three years and no sales in the last twelve months.
SR7 7FB is the 921st largest and the 449th most expensive postcode out of the 1,675 postcodes in the SR7 area.
SR7 7FB is a residential postcode located on Elderberry Close, Seaham, SR7 with 18 houses within its bounds.
The most common property type in SR7 7FB is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to SR7 7FB is Seaham station which is 1.1 km 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 7FB, 51.0% of property is privately owned with a mortgage and 24.3% is socially rented.
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 7FB, 23.2% of residents are recorded as possessing school level qualifications and 30.2% 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 7FB, the average age was 40.3 and the most common age was 12.
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 7FB, 0.5% 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 7FB, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.