According to the public record, 25, Forster Avenue, Seaham is a period freehold house and with 753 ft2 of internal area and sits on a 132 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Forster Avenue, Murton, Seaham, SR7 is located within the SR7 postal district.
25, Forster Avenue, Seaham has a single entry in the Land Registry database from May 2020 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 25 Forster Avenue Seaham as £54,559 and the rental value as £400 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 25 Forster Avenue Seaham has increased by £1,549 (2.8%) and its rental value has increased by £38 per month (9.4%).
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 25, Forster Avenue, Seaham is in very good condition we estimate a sale value of £57,287 and rental value of £420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £50,740 and a rental value of £372 per month.
If you were able to purchase this property for the estimated value of £54,559, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £268 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, 25, Forster Avenue, Seaham sits on a plot of 132m2.
We have plot size data on 14 out of 20 other houses in the postcode and 25, Forster Avenue, Seaham sits on the 14th largest plot.
According to HM Land Registry, 25, Forster Avenue, Seaham was last sold on 22 May 2020 for £39,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has risen 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Forster Avenue, Seaham within a radius of 147m over the last 2 years.
The most recent example is 35, Forster Avenue, Seaham, SR7 9DD, a Freehold house which sold for £50,000 in Jan 2023.
Read more about house prices in SR7.
Forster Avenue, Murton, Seaham, SR7 has a total of 40 addresses. According to our analysis of all the public data, 25, Forster Avenue, Seaham is the 27th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in SR7.
25, Forster Avenue, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Aug 2019.
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 25, Forster Avenue, Seaham is Seaham station which is 3.8 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 25, Forster Avenue, Seaham, 42.9% of property is privately owned outright and 31.4% is privately 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 25, Forster Avenue, Seaham, 19.4% of residents are recorded as possessing school level qualifications and 17.2% 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 25, Forster Avenue, 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 25, Forster Avenue, 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 25, Forster Avenue, 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.