According to the public record, 40, Dene Way, Seaham is a mid-century freehold house and with 688 ft2 of internal area and sits on a 276 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Dene Way, Seaham, SR7 is located within the SR7 postal district.
40, Dene Way, Seaham has a single entry in the Land Registry database from June 2017 and no records in the EPC database.
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 40 Dene Way Seaham as £126,293 and the rental value as £876 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 40 Dene Way Seaham has increased by £2,533 (2.0%) and its rental value has increased by £73 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 40, Dene Way, Seaham is in very good condition we estimate a sale value of £132,608 and rental value of £920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,452 and a rental value of £815 per month.
If you were able to purchase this property for the estimated value of £126,293, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £621 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, 40, Dene Way, Seaham sits on a plot of 276m2.
We have plot size data on 28 out of 64 other houses in the postcode and 40, Dene Way, Seaham sits on the 6th largest plot.
According to HM Land Registry, 40, Dene Way, Seaham was last sold on 16 Jun 2017 for £108,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2017, the market for similar properties has risen 28.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Dene Way, Seaham within a radius of 123m over the last 2 years.
The most recent example is 13, Dene Way, Seaham, SR7 7BW, a Freehold house which sold for £125,000 in Feb 2024.
Read more about house prices in SR7.
Dene Way, Seaham, SR7 has a total of 64 addresses. According to our analysis of all the public data, 40, Dene Way, Seaham is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in SR7.
40, Dene Way, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Dec 2016.
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 40, Dene Way, Seaham is Seaham station which is 600 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 40, Dene Way, Seaham, 33.1% of property is privately owned outright and 32.3% 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 40, Dene Way, Seaham, 15.7% of residents are recorded as possessing school level qualifications and 22.4% 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 40, Dene 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 40, Dene 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 40, Dene Way, 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.