According to the public record, 1, Seaton Lane, Seaham is a mid-century leasehold house and with 1,614 ft2 of internal area and sits on a 1,009 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Seaton Lane, Seaham, SR7 is located within the SR7 postal district.
1, Seaton Lane, Seaham has 3 entries in the Land Registry database, most recently in May 2020 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Seaton Lane Seaham as £232,769 and the rental value as £1,241 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 1 Seaton Lane Seaham has increased by £1,271 (0.5%) and its rental value has increased by £80 per month (6.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Seaton Lane, Seaham is in very good condition we estimate a sale value of £244,407 and rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,475 and a rental value of £1,154 per month.
If you were able to purchase this property for the estimated value of £232,769, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,144 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Seaton Lane, Seaham sits on a plot of 1009m2.
We have plot size data on 2 out of 5 other houses in the postcode and 1, Seaton Lane, Seaham sits on the largest plot.
According to HM Land Registry, 1, Seaton Lane, Seaham was last sold on 15 May 2020 for £200,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since May 2020, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 1, Seaton Lane, Seaham within a radius of 525m over the last 2 years.
The most recent example is 43, Woodlands, Seaham, SR7 0EP, a Leasehold house which sold for £225,000 in Dec 2013.
Read more about house prices in SR7.
Seaton Lane, Seaham, SR7 has a total of 8 addresses. According to our analysis of all the public data, 1, Seaton Lane, Seaham is the largest and the 5th most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in SR7.
1, Seaton Lane, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Oct 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Seaton Lane, Seaham is Seaham station which is 2.0 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 1, Seaton Lane, Seaham, 52.9% of property is privately owned outright and 40.7% 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 1, Seaton Lane, Seaham, 15.9% of residents are recorded as possessing school level qualifications and 33.3% 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 1, Seaton Lane, Seaham, the average age was 43.9 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 1, Seaton Lane, Seaham, 1.3% 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 1, Seaton Lane, Seaham, 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.