According to the public record, 31, Mariners Way, Seaham is a modern leasehold house with 656 ft2 of internal area and sits on a 1,409 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Mariners Way, Seaham, SR7 is located within the SR7 postal district.
31, Mariners Way, Seaham has 2 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated May 2013.
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 31 Mariners Way Seaham as £154,004 and the rental value as £931 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 31 Mariners Way Seaham has increased by £3,089 (2.0%) and its rental value has increased by £78 per month (8.3%).
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 31, Mariners Way, Seaham is in very good condition we estimate a sale value of £161,704 and rental value of £977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,223 and a rental value of £866 per month.
If you were able to purchase this property for the estimated value of £154,004, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £757 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, 31, Mariners Way, Seaham sits on a plot of 1409m2.
We have plot size data on 28 out of 43 other houses in the postcode and 31, Mariners Way, Seaham sits on the largest plot.
According to HM Land Registry, 31, Mariners Way, Seaham was last sold on 28 Feb 2019 for £119,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Feb 2019, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Mariners Way, Seaham within a radius of 600 metres over the last 2 years.
The most recent example is 29, Mariners Way, Seaham, SR7 7EB, a Leasehold house which sold for £116,000 in Jun 2024.
Read more about house prices in SR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mariners Way, Seaham, SR7 has a total of 52 addresses. According to our analysis of all the public data, 31, Mariners Way, Seaham is the 34th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in SR7.
31, Mariners Way, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 31, Mariners Way, Seaham is Seaham station which is 600 metres 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 31, Mariners Way, Seaham, 35.2% of property is socially rented and 31.5% 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 31, Mariners Way, Seaham, 12.8% of residents are recorded as possessing school level qualifications and 24.5% 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 31, Mariners Way, 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 31, Mariners Way, 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 31, Mariners Way, Seaham, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.