According to the public record, 21, Alder Grove, Seaham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 835 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Alder Grove, Seaham, SR7 is located within the SR7 postal district.
21, Alder Grove, Seaham has 21 entries in the Land Registry database, most recently in January 2010 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 21 Alder Grove Seaham as £185,439 and the rental value as £1,047 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 21 Alder Grove Seaham has increased by £5,850 (3.2%) and its rental value has increased by £101 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 21, Alder Grove, Seaham is in very good condition we estimate a sale value of £194,711 and rental value of £1,099 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,459 and a rental value of £973 per month.
If you were able to purchase this property for the estimated value of £185,439, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £911 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, 21, Alder Grove, Seaham was last sold on 29 Jan 2010 for £112,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2010, the market for similar properties has risen 28.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Alder Grove, Seaham within a radius of 134m 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, 21, Alder Grove, Seaham is the 21st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in SR7.
The closest station to 21, 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 21, 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 21, 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 21, 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 21, 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 21, 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.