According to the public record, 18, Alder Grove, Seaham is a modern freehold house and with 893 ft2 of internal area and sits on a 368 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Alder Grove, Seaham, SR7 is located within the SR7 postal district.
18, Alder Grove, Seaham has 31 entries in the Land Registry database, most recently in September 2021 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 18 Alder Grove Seaham as £197,068 and the rental value as £1,090 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 18 Alder Grove Seaham has increased by £6,217 (3.2%) and its rental value has increased by £105 per month (9.7%).
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 18, Alder Grove, Seaham is in very good condition we estimate a sale value of £206,922 and rental value of £1,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,274 and a rental value of £1,014 per month.
If you were able to purchase this property for the estimated value of £197,068, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £969 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, 18, Alder Grove, Seaham sits on a plot of 368m2.
We have plot size data on 19 out of 23 other houses in the postcode and 18, Alder Grove, Seaham sits on the 5th largest plot.
According to HM Land Registry, 18, Alder Grove, Seaham was last sold on 10 Sep 2021 for £168,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Alder Grove, Seaham within a radius of 111m over the last 2 years.
The most recent example is 22, Alder Grove, Seaham, SR7 7RT, a Freehold house which sold for £165,000 in Aug 2023.
Read more about house prices in SR7.
Alder Grove, Seaham, SR7 has a total of 23 addresses. According to our analysis of all the public data, 18, Alder Grove, Seaham is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in SR7.
18, Alder Grove, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Oct 2016.
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 18, Alder Grove, Seaham is Seaham station which is 1.0 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 18, Alder Grove, Seaham, 51.0% of property is privately owned with a mortgage and 24.3% is socially rented.
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 18, Alder Grove, Seaham, 23.2% of residents are recorded as possessing school level qualifications and 30.2% 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 18, Alder Grove, 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 18, Alder Grove, Seaham, 0.5% 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 18, Alder Grove, Seaham, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.