According to the public record, 17, Wellfield Court, Seaham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 926 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wellfield Court, Murton, Seaham, SR7 is located within the SR7 postal district.
17, Wellfield Court, Seaham has 2 entries in the Land Registry database, most recently in November 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 17 Wellfield Court Seaham as £129,565 and the rental value as £888 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 17 Wellfield Court Seaham has increased by £4,109 (3.2%) and its rental value has increased by £84 per month (9.4%).
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 17, Wellfield Court, Seaham is in very good condition we estimate a sale value of £136,043 and rental value of £932 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,496 and a rental value of £826 per month.
If you were able to purchase this property for the estimated value of £129,565, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £637 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 HM Land Registry, 17, Wellfield Court, Seaham was last sold on 17 Nov 2017 for £102,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2017, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Wellfield Court, Seaham within a radius of 42m over the last 2 years.
The most recent example is 16, Wellfield Court, Seaham, SR7 9ND, a Freehold house which sold for £125,000 in Jul 2021.
Read more about house prices in SR7.
Wellfield Court, Murton, Seaham, SR7 has a total of 20 addresses. According to our analysis of all the public data, 17, Wellfield Court, Seaham is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in SR7.
The closest station to 17, Wellfield Court, Seaham is Seaham station which is 4.1 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 17, Wellfield Court, Seaham, 55.8% of property is socially rented and 15.6% 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 17, Wellfield Court, Seaham, 17.9% of residents are recorded as possessing school level qualifications and 23.2% 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 17, Wellfield Court, Seaham, the average age was 40.3 and the most common age was 12.
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 17, Wellfield Court, 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 17, Wellfield Court, Seaham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.