According to the public record, 4, Garron Street, Seaham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 829 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.
4, Garron Street, Seaham has 21 entries in the Land Registry database, most recently in January 2009 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 4 Garron Street Seaham as £74,102 and the rental value as £530 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of 4 Garron Street Seaham has increased by £2,151 (2.9%) and its rental value has increased by £49 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 4, Garron Street, Seaham is in very good condition we estimate a sale value of £77,808 and rental value of £556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,915 and a rental value of £493 per month.
If you were able to purchase this property for the estimated value of £74,102, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £364 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, 4, Garron Street, Seaham was last sold on 19 Jan 2009 for £81,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2009, the market for similar properties has risen 31.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Garron Street, Seaham within a radius of 109m over the last 2 years.
The most recent example is 22, Polemarch Street, Seaham, SR7 7TQ, a Freehold house which sold for £61,000 in Jan 2024.
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, 4, Garron Street, Seaham is the 38th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in SR7.
The closest station to 4, 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 4, 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 4, 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 4, 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 4, 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 4, 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.