According to the public record, 2, Springfield Crescent, Seaham is a period house with 1,851 ft2 of internal area and sits on a 209 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Springfield Crescent, Seaham, SR7 is located within the SR7 postal district.
2, Springfield Crescent, Seaham has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 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 Springfield Crescent Seaham as £358,123 and the rental value as £1,536 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 2 Springfield Crescent Seaham has increased by £2,236 (0.6%) and its rental value has increased by £104 per month (6.8%).
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, Springfield Crescent, Seaham is in very good condition we estimate a sale value of £376,029 and rental value of £1,612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,054 and a rental value of £1,428 per month.
If you were able to purchase this property for the estimated value of £358,123, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,760 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, Springfield Crescent, Seaham sits on a plot of 209m2.
We have plot size data on 5 out of 11 other houses in the postcode and 2, Springfield Crescent, Seaham sits on the 5th largest plot.
According to HM Land Registry, 2, Springfield Crescent, Seaham was last sold on 12 Nov 1999 for £71,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Springfield Crescent, Seaham within a radius of 660 metres over the last 2 years.
The most recent example is 18, Maureen Terrace, Seaham, SR7 7SN, a Freehold house which sold for £350,000 in Sep 2022.
Read more about house prices in SR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Crescent, Seaham, SR7 has a total of 11 addresses. According to our analysis of all the public data, 2, Springfield Crescent, Seaham is the 10th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £213k more expensive than the average property in SR7.
2, Springfield Crescent, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, Springfield Crescent, Seaham is Seaham station which is 300 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 2, Springfield Crescent, Seaham, 45.3% of property is privately owned outright and 45.3% 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, Springfield Crescent, Seaham, 15.6% of residents are recorded as possessing school level qualifications and 32.1% 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, Springfield Crescent, 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, Springfield Crescent, Seaham, 0.3% 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, Springfield Crescent, Seaham, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.