According to the public record, 31, Morton Close, Seaham is a modern freehold house with 753 ft2 of internal area and sits on a 110 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Morton Close, Murton, Seaham, SR7 is located within the SR7 postal district.
31, Morton Close, Seaham has a single entry in the Land Registry database from June 2013 and a single entry in the EPC database dated June 2022.
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 Morton Close Seaham as £142,163 and the rental value as £920 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 31 Morton Close Seaham has increased by £4,662 (3.3%) and its rental value has increased by £88 per month (9.6%).
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, Morton Close, Seaham is in very good condition we estimate a sale value of £149,272 and rental value of £966 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,212 and a rental value of £856 per month.
If you were able to purchase this property for the estimated value of £142,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £699 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, Morton Close, Seaham sits on a plot of 110m2.
We have plot size data on 58 out of 61 other houses in the postcode and 31, Morton Close, Seaham sits on the 38th largest plot.
According to HM Land Registry, 31, Morton Close, Seaham was last sold on 14 Jun 2013 for £109,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2013, the market for similar properties has risen 36.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Morton Close, Seaham within a radius of 710 metres over the last 2 years.
The most recent example is 27, Grenaby Way, Seaham, SR7 9GW, a Freehold house which sold for £75,000 in Oct 2023.
Read more about house prices in SR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morton Close, Murton, Seaham, SR7 has a total of 61 addresses. According to our analysis of all the public data, 31, Morton Close, Seaham is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in SR7.
31, Morton Close, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2022.
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 31, Morton Close, Seaham is Seaham station which is 3.5 kilometres 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, Morton Close, Seaham, 30.7% of property is privately owned outright and 30.7% 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 31, Morton Close, Seaham, 13.5% of residents are recorded as possessing school level qualifications and 21.0% 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, Morton Close, 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 31, Morton Close, Seaham, 1.1% 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, Morton Close, 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.