According to the public record, 29, Marquess Point, Seaham is a modern leasehold house and with 1,215 ft2 of internal area and sits on a 4,629 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Marquess Point, Seaham, SR7 is located within the SR7 postal district.
29, Marquess Point, Seaham has 4 entries in the Land Registry database, most recently in July 2019 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 29 Marquess Point Seaham as £269,359 and the rental value as £1,186 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 29 Marquess Point Seaham has increased by £4,048 (1.5%) and its rental value has increased by £93 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 29, Marquess Point, Seaham is in very good condition we estimate a sale value of £282,827 and rental value of £1,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,504 and a rental value of £1,103 per month.
If you were able to purchase this property for the estimated value of £269,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,324 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, 29, Marquess Point, Seaham sits on a plot of 4629m2.
We have plot size data on 7 out of 7 other houses in the postcode and 29, Marquess Point, Seaham sits on the largest plot.
According to HM Land Registry, 29, Marquess Point, Seaham was last sold on 22 Jul 2019 for £240,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since Jul 2019, the market for similar properties has risen 19.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Marquess Point, Seaham within a radius of 758m over the last 2 years.
The most recent example is 18, Runswick Drive, Seaham, SR7 7WR, a Freehold house which sold for £225,000 in Nov 2022.
Read more about house prices in SR7.
Marquess Point, Seaham, SR7 has a total of 27 addresses. According to our analysis of all the public data, 29, Marquess Point, Seaham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in SR7.
29, Marquess Point, Seaham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jun 2009.
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 29, Marquess Point, Seaham is Seaham station which is 700 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 29, Marquess Point, Seaham, 29.2% of property is privately owned outright and 26.2% 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 29, Marquess Point, Seaham, 16.1% of residents are recorded as possessing school level qualifications and 25.9% 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 29, Marquess Point, 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 29, Marquess Point, 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 29, Marquess Point, Seaham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.