According to the public record, 2, Laura Street, Seaham is a period freehold house and with 1,119 ft2 of internal area and sits on a 97.8 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Laura Street, Seaham, SR7 is located within the SR7 postal district.
2, Laura Street, Seaham has a single entry in the Land Registry database from September 2022 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 2 Laura Street Seaham as £123,487 and the rental value as £811 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 2 Laura Street Seaham has increased by £1,856 (1.5%) and its rental value has increased by £64 per month (7.9%).
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 2, Laura Street, Seaham is in very good condition we estimate a sale value of £129,662 and rental value of £851 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,843 and a rental value of £754 per month.
If you were able to purchase this property for the estimated value of £123,487, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £607 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, Laura Street, Seaham sits on a plot of 98m2.
We have plot size data on 4 out of 9 other houses in the postcode and 2, Laura Street, Seaham sits on the 3rd largest plot.
According to HM Land Registry, 2, Laura Street, Seaham was last sold on 02 Sep 2022 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Laura Street, Seaham within a radius of 361m over the last 2 years.
The most recent example is 66, Princess Road, Seaham, SR7 7QT, a Freehold house which sold for £130,000 in Mar 2024.
Read more about house prices in SR7.
Laura Street, Seaham, SR7 has a total of 10 addresses. According to our analysis of all the public data, 2, Laura Street, Seaham is the largest and the most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in SR7.
2, Laura Street, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2022.
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, Laura Street, Seaham is Seaham station which is 600 m 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, Laura Street, Seaham, 29.2% of property is privately owned outright and 24.6% 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 2, Laura Street, Seaham, 18.9% of residents are recorded as possessing school level qualifications and 15.3% 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 2, Laura Street, 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 2, Laura Street, 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, Laura Street, Seaham, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.