According to the public record, 2, Ada Street East, Seaham is a period house with 1,151 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ada Street East, Murton, Seaham, SR7 is located within the SR7 postal district.
2, Ada Street East, Seaham has no records in the Land Registry database and a single entry in the EPC database dated August 2021.
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 2 Ada Street East Seaham as £67,394 and the rental value as £437 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 2 Ada Street East Seaham has increased by £496 (0.7%) and its rental value has increased by £31 per month (7.2%).
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 2, Ada Street East, Seaham is in very good condition we estimate a sale value of £70,763 and rental value of £459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,676 and a rental value of £407 per month.
If you were able to purchase this property for the estimated value of £67,394, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £331 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, 2, Ada Street East, Seaham sits on a plot of 106m2.
We have plot size data on 4 out of 6 other houses in the postcode and 2, Ada Street East, Seaham sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ada Street East, Seaham within a radius of 780 metres over the last 2 years.
The most recent example is 25, Ripon Terrace, Seaham, SR7 9PN, a Freehold house which sold for £98,750 in Apr 2018.
Read more about house prices in SR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ada Street East, Murton, Seaham, SR7 has a total of 6 addresses. According to our analysis of all the public data, 2, Ada Street East, Seaham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in SR7.
2, Ada Street East, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Aug 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 2, Ada Street East, Seaham is Seaham station which is 3.6 kilometres 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 2, Ada Street East, Seaham, 45.7% of property is privately owned outright and 28.9% 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 2, Ada Street East, Seaham, 17.3% of residents are recorded as possessing school level qualifications and 23.8% 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 2, Ada Street East, Seaham, the average age was 41.9 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 2, Ada Street East, 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 2, Ada Street East, 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.