SR7 7QT is a residential postcode located on Princess Road, Seaham, SR7. It is the 389th largest postcode in the SR7 area.
It contains 8 houses and the most common type of property is a period house built between 1800 and 1911.
The average house value is £121,922. Sales values have increased in the last 12 months by 1.9% and Rental values have increased by 8.2%.
Property sale values range from £87,439 for a leasehold house, with 4 bedrooms split across 1,135 square feet of gross internal area and has a garden to £160,900 for a freehold house, with 5 bedrooms split across 1,991 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SR7 7QT is £105/ft2.
Properties achieve a rental yield of between 7.5% and 7.8%, and rental values range from £571 to £1,012 per month.
The last sale was 08 Mar 2024 for £130,000 and since then the market in the area as increased by 1%. The postcode has had a total of 4 sales since 1995.
SR7 7QT has seen 3 sales in the last three years and 1 sale in the last twelve months.
SR7 7QT is the 389th largest and the 838th most expensive postcode out of the 1,675 postcodes in the SR7 area.
SR7 7QT is a residential postcode located on Princess Road, Seaham, SR7 with 8 houses within its bounds.
The most common property type in SR7 7QT is a period house built between 1800 and 1911.
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to SR7 7QT is Seaham station which is 600 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 7QT, 36.6% of property is privately owned outright and 28.9% 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 7QT, 17.3% of residents are recorded as possessing school level qualifications and 21.5% 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 7QT, 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 7QT, 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 7QT, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.