According to the public record, 32, Station Road South, Seaham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 977 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Station Road South, Murton, Seaham, SR7 is located within the SR7 postal district.
32, Station Road South, Seaham has a single entry in the Land Registry database from April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 32 Station Road South Seaham as £170,211 and the rental value as £1,010 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 32 Station Road South Seaham has increased by £3,969 (2.3%) and its rental value has increased by £87 per month (8.6%).
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 32, Station Road South, Seaham is in very good condition we estimate a sale value of £178,721 and rental value of £1,061 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,296 and a rental value of £940 per month.
If you were able to purchase this property for the estimated value of £170,211, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £837 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 HM Land Registry, 32, Station Road South, Seaham was last sold on 12 Apr 2007 for £142,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2007, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Station Road South, Seaham within a radius of 78m over the last 2 years.
The most recent example is 35, Station Road South, Seaham, SR7 9SE, a Freehold house which sold for £172,500 in Aug 2022.
Read more about house prices in SR7.
Station Road South, Murton, Seaham, SR7 has a total of 47 addresses. According to our analysis of all the public data, 32, Station Road South, Seaham is the 32nd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in SR7.
The closest station to 32, Station Road South, Seaham is Seaham station which is 4.7 km 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 32, Station Road South, Seaham, 45.2% of property is privately owned outright and 36.3% 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 32, Station Road South, Seaham, 14.2% of residents are recorded as possessing school level qualifications and 24.0% 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 32, Station Road South, 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 32, Station Road South, Seaham, 1.9% 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 32, Station Road South, Seaham, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.