According to the public record, 46, Dreswick Court, Seaham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Dreswick Court, Murton, Seaham, SR7 is located within the SR7 postal district.
46, Dreswick Court, Seaham has a single entry in the Land Registry database from October 2011 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 46 Dreswick Court Seaham as £81,881 and the rental value as £533 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 46 Dreswick Court Seaham has increased by £1,375 (1.7%) and its rental value has increased by £44 per month (8.2%).
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 46, Dreswick Court, Seaham is in very good condition we estimate a sale value of £85,975 and rental value of £559 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £76,149 and a rental value of £496 per month.
If you were able to purchase this property for the estimated value of £81,881, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £402 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, 46, Dreswick Court, Seaham was last sold on 28 Oct 2011 for £74,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2011, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Dreswick Court, Seaham within a radius of 730 metres over the last 2 years.
The most recent example is 26, Dreswick Court, Seaham, SR7 9NE, a Leasehold flat which sold for £76,000 in Jan 2024.
Read more about house prices in SR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dreswick Court, Murton, Seaham, SR7 has a total of 50 addresses. According to our analysis of all the public data, 46, Dreswick Court, Seaham is the 39th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in SR7.
46, Dreswick Court, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 46, Dreswick Court, Seaham is Seaham station which is 3.4 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 46, Dreswick Court, Seaham, 56.0% of property is privately owned with a mortgage and 30.0% 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 46, Dreswick Court, Seaham, 23.6% of residents are recorded as possessing school level qualifications and 44.0% 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 46, Dreswick Court, 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 46, Dreswick Court, 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 46, Dreswick Court, Seaham, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.