SR7 7JB is a residential postcode located on Shakespeare Street, Seaham, SR7. It is the 961st largest postcode in the SR7 area.
It contains 19 residential addresses consisting of 15 houses and 4 flats and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £90,208. Sales values have increased in the last 12 months by 2.9% and Rental values have increased by 9.3%.
Property sale values range from £52,815 for a leasehold flat, with 2 bedrooms split across 560 square feet of gross internal area and has no outside space to £129,104 for a freehold house, with 3 bedrooms split across 915 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SR7 7JB is £164/ft2.
Properties achieve a rental yield of between 8.2% and 9.6%, and rental values range from £422 to £880 per month.
The last sale was 09 Feb 2024 for £127,000 and since then the market in the area as increased by 3.4%. The postcode has had a total of 4 sales since 1995.
SR7 7JB has seen 2 sales in the last three years and 1 sale in the last twelve months.
SR7 7JB is the 961st largest and the 424th most expensive postcode out of the 1,675 postcodes in the SR7 area.
SR7 7JB is a residential postcode located on Shakespeare Street, Seaham, SR7 with 15 houses and 4 flats within its bounds.
The most common property type in SR7 7JB is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to SR7 7JB is Seaham station which is 500 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 7JB, 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 7JB, 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 7JB, 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 7JB, 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 7JB, 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.