SR7 9RS is a residential postcode located on Station Road South, Murton, Seaham, SR7. It is the 1035th largest postcode in the SR7 area.
It contains 20 houses and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £161,903. Sales values have increased in the last 12 months by 2.3% and Rental values have increased by 8.6%.
Property sale values range from £112,083 for a freehold house, with 3 bedrooms split across 853 square feet of gross internal area and has a garden to £192,798 for a freehold house, with 4 bedrooms split across 1,389 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SR7 9RS is £138/ft2.
Properties achieve a rental yield of between 6.7% and 8.3%, and rental values range from £773 to £1,069 per month.
The last sale was 31 Aug 2023 for £196,500 and since then the market in the area as increased by 1.7%. The postcode has had a total of 4 sales since 1995.
SR7 9RS has seen 3 sales in the last three years and no sales in the last twelve months.
SR7 9RS is the 1035th largest and the 1085th most expensive postcode out of the 1,675 postcodes in the SR7 area.
SR7 9RS is a residential postcode located on Station Road South, Murton, Seaham, SR7 with 20 houses within its bounds.
The most common property type in SR7 9RS is a early-century house built between 1912 and 1935.
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to SR7 9RS is Seaham station which is 4.6 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 9RS, 44.4% of property is privately owned outright and 25.6% 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 9RS, 9.1% of residents are recorded as possessing school level qualifications and 19.7% 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 9RS, the average age was 41.9 and the most common age was 57.
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 9RS, 0.0% 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 9RS, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.