According to the public record, 3, Park Street, Seaham is a period freehold house and with 893 ft2 of internal area and sits on a 99.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Street, Seaham, SR7 is located within the SR7 postal district.
3, Park Street, Seaham has a single entry in the Land Registry database from November 2023 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 3 Park Street Seaham as £87,266 and the rental value as £611 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 3 Park Street Seaham has increased by £2,897 (3.3%) and its rental value has increased by £60 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 3, Park Street, Seaham is in very good condition we estimate a sale value of £91,629 and rental value of £641 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,157 and a rental value of £568 per month.
If you were able to purchase this property for the estimated value of £87,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £429 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, 3, Park Street, Seaham sits on a plot of 100m2.
We have plot size data on 18 out of 31 other houses in the postcode and 3, Park Street, Seaham sits on the 10th largest plot.
According to HM Land Registry, 3, Park Street, Seaham was last sold on 10 Nov 2023 for £80,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Park Street, Seaham within a radius of 71m over the last 2 years.
The most recent example is 1, Rainton Street, Seaham, SR7 7QS, a Freehold house which sold for £73,000 in Nov 2023.
Read more about house prices in SR7.
Park Street, Seaham, SR7 has a total of 31 addresses. According to our analysis of all the public data, 3, Park Street, Seaham is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in SR7.
3, Park Street, Seaham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jun 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 3, Park Street, Seaham is Seaham station which is 500 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 3, Park 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 3, Park 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 3, Park 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 3, Park 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 3, Park 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.