According to the public record, 1, St. Michaels Rise, Seaham is a modern house with 2,152 ft2 of internal area and sits on a 1,115 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
St. Michaels Rise, Hawthorn, Seaham, SR7 is located within the SR7 postal district.
1, St. Michaels Rise, Seaham has no recent1 records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 St. Michaels Rise Seaham as £467,217 and the rental value as £1,945 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 1 St. Michaels Rise Seaham has increased by £3,034 (0.6%) and its rental value has increased by £148 per month (7.6%).
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, St. Michaels Rise, Seaham is in very good condition we estimate a sale value of £490,577 and rental value of £2,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,511 and a rental value of £1,809 per month.
If you were able to purchase this property for the estimated value of £467,217, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,296 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, St. Michaels Rise, Seaham sits on a plot of 1115m2.
We have plot size data on 3 out of 5 other houses in the postcode and 1, St. Michaels Rise, Seaham sits on the 2nd largest plot.
According to HM Land Registry, 1, St. Michaels Rise, Seaham was last sold on 02 Jun 2004 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, St. Michaels Rise, Seaham within a radius of 333m over the last 2 years.
The most recent example is 7, The Paddocks, Seaham, SR7 8SL, a Freehold house which sold for £515,000 in Sep 2021.
Read more about house prices in SR7.
St. Michaels Rise, Hawthorn, Seaham, SR7 has a total of 5 addresses. According to our analysis of all the public data, 1, St. Michaels Rise, Seaham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £322k more expensive than the average property in SR7.
1, St. Michaels Rise, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2021.
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, St. Michaels Rise, Seaham is Seaham station which is 3.7 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, St. Michaels Rise, Seaham, 52.5% of property is privately owned outright and 35.0% 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, St. Michaels Rise, Seaham, 14.8% of residents are recorded as possessing school level qualifications and 36.3% 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, St. Michaels Rise, Seaham, the average age was 43 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, St. Michaels Rise, Seaham, 1.0% 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 1, St. Michaels Rise, Seaham, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.