3, Union Street, Seaham has 51 entries in the Land Registry database, most recently in October 2023 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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, Union Street, Seaham is in very good condition we estimate a sale value of £90,387 and rental value of £670 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,057 and a rental value of £593 per month.
If you were able to purchase this property for the estimated value of £86,083, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £423 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, Union Street, Seaham sits on a plot of 101m2.
We have plot size data on 13 out of 22 other houses in the postcode and 3, Union Street, Seaham sits on the 11th largest plot.
According to HM Land Registry, 3, Union Street, Seaham was last sold on 13 Oct 2023 for £89,995 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Oct 2023, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Union Street, Seaham within a radius of 95m over the last 2 years.
The most recent example is 28, Hill Street, Seaham, SR7 7QN, a Freehold house which sold for £72,500 in Jan 2024.
Read more about house prices in SR7.
Union Street, Seaham, SR7 has a total of 22 addresses. According to our analysis of all the public data, 3, Union Street, Seaham is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in SR7.
3, Union Street, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 3, Union Street, Seaham is a mid-century freehold house and with 721 ft2 of internal area and sits on a 101 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Union Street, Seaham, SR7 is located within the SR7 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Union Street Seaham as £86,083 and the rental value as £638 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 3 Union Street Seaham has increased by £2,499 (2.9%) and its rental value has increased by £59 per month (9.2%).
The closest station to 3, Union Street, 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 3, Union Street, Seaham, 35.7% of property is privately owned with a mortgage and 29.8% is privately owned outright.
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, Union Street, Seaham, 22.3% of residents are recorded as possessing school level qualifications and 18.7% 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, Union 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, Union Street, 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 3, Union Street, Seaham, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.