According to the public record, 38, Garron Street, Seaham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 990 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Garron Street, Seaham, SR7 is located within the SR7 postal district.
38, Garron Street, Seaham has 21 entries in the Land Registry database, most recently in April 2006 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 38 Garron Street Seaham as £98,560 and the rental value as £684 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 38 Garron Street Seaham has increased by £2,861 (2.9%) and its rental value has increased by £63 per month (9.2%).
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 38, Garron Street, Seaham is in very good condition we estimate a sale value of £103,488 and rental value of £719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,660 and a rental value of £636 per month.
If you were able to purchase this property for the estimated value of £98,560, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £484 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, 38, Garron Street, Seaham was last sold on 28 Apr 2006 for £83,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Garron Street, Seaham within a radius of 209m 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.
Garron Street, Seaham, SR7 has a total of 40 addresses. According to our analysis of all the public data, 38, Garron Street, Seaham is the 8th largest and the most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in SR7.
The closest station to 38, Garron 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 38, Garron Street, Seaham, 38.0% of property is privately owned outright and 29.9% 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 38, Garron Street, Seaham, 23.3% of residents are recorded as possessing school level qualifications and 19.8% 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 38, Garron 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 38, Garron 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 38, Garron 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.