According to the public record, 24, Rainton Street, Seaham is a mid-century house with 882 ft2 of internal area and sits on a 665 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rainton Street, Seaham, SR7 is located within the SR7 postal district.
24, Rainton Street, Seaham has no records in the Land Registry database and no records in the EPC database.
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 24 Rainton Street Seaham as £89,902 and the rental value as £631 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 24 Rainton Street Seaham has increased by £2,985 (3.3%) and its rental value has increased by £62 per month (9.8%).
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 24, Rainton Street, Seaham is in very good condition we estimate a sale value of £94,397 and rental value of £663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,609 and a rental value of £587 per month.
If you were able to purchase this property for the estimated value of £89,902, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £442 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, 24, Rainton Street, Seaham sits on a plot of 665m2.
We have plot size data on 23 out of 39 other houses in the postcode and 24, Rainton Street, Seaham sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Rainton Street, Seaham within a radius of 133m over the last 2 years.
The most recent example is 3, Park Street, Seaham, SR7 7TG, a Freehold house which sold for £80,000 in Nov 2023.
Read more about house prices in SR7.
Rainton Street, Seaham, SR7 has a total of 39 addresses. According to our analysis of all the public data, 24, Rainton Street, Seaham is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in SR7.
24, Rainton Street, Seaham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Apr 2023.
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 24, Rainton 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 24, Rainton Street, Seaham, 36.6% 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 24, Rainton Street, Seaham, 17.3% of residents are recorded as possessing school level qualifications and 21.5% 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 24, Rainton 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 24, Rainton Street, 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 24, Rainton Street, Seaham, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.