According to the public record, 14, Thornhill Reach, Seaham is a modern freehold house with 979 ft2 of internal area and sits on a 548 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Thornhill Reach, Seaham, SR7 is located within the SR7 postal district.
14, Thornhill Reach, Seaham has 51 entries in the Land Registry database, most recently in June 2020 and a single entry in the EPC database dated July 2014.
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 14 Thornhill Reach Seaham as £227,821 and the rental value as £1,144 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 14 Thornhill Reach Seaham has increased by £1,494 (0.7%) and its rental value has increased by £79 per month (6.9%).
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 14, Thornhill Reach, Seaham is in very good condition we estimate a sale value of £239,212 and rental value of £1,201 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,874 and a rental value of £1,064 per month.
If you were able to purchase this property for the estimated value of £227,821, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,120 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, 14, Thornhill Reach, Seaham sits on a plot of 548m2.
We have plot size data on 12 out of 22 other houses in the postcode and 14, Thornhill Reach, Seaham sits on the largest plot.
According to HM Land Registry, 14, Thornhill Reach, Seaham was last sold on 30 Jun 2020 for £230,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Jun 2020, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Thornhill Reach, Seaham within a radius of 610 metres over the last 2 years.
The most recent example is 19, Thornhill Reach, Seaham, SR7 0AF, a Freehold house which sold for £280,000 in Sep 2023.
Read more about house prices in SR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thornhill Reach, Seaham, SR7 has a total of 22 addresses. According to our analysis of all the public data, 14, Thornhill Reach, Seaham is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in SR7.
14, Thornhill Reach, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2014.
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 14, Thornhill Reach, Seaham is Seaham station which is 600 metres 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 14, Thornhill Reach, Seaham, 35.2% of property is socially rented and 31.5% 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 14, Thornhill Reach, Seaham, 12.8% of residents are recorded as possessing school level qualifications and 24.5% 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 14, Thornhill Reach, Seaham, 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 14, Thornhill Reach, Seaham, 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 14, Thornhill Reach, Seaham, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.