According to the public record, 5, Carrhouse Walk, Seaham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,035 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Carrhouse Walk, Dalton-Le-Dale, Seaham, SR7 is located within the SR7 postal district.
5, Carrhouse Walk, Seaham has a single entry in the Land Registry database from November 2021 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 good condition, we estimate the current sale value for 5 Carrhouse Walk Seaham as £266,580 and the rental value as £1,242 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 5 Carrhouse Walk Seaham has increased by £7,375 (2.8%) and its rental value has increased by £111 per month (9.0%).
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 5, Carrhouse Walk, Seaham is in very good condition we estimate a sale value of £279,909 and rental value of £1,304 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,920 and a rental value of £1,155 per month.
If you were able to purchase this property for the estimated value of £266,580, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,310 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, 5, Carrhouse Walk, Seaham was last sold on 23 Nov 2021 for £284,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 7.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Carrhouse Walk, Seaham within a radius of 910 metres over the last 2 years.
The most recent example is 18, Beldon Close, Seaham, SR7 8LD, a Freehold house which sold for £230,000 in Nov 2022.
Read more about house prices in SR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carrhouse Walk, Dalton-Le-Dale, Seaham, SR7 has a total of 25 addresses. According to our analysis of all the public data, 5, Carrhouse Walk, Seaham is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in SR7.
The closest station to 5, Carrhouse Walk, Seaham is Seaham station which is 2.1 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 5, Carrhouse Walk, Seaham, 46.8% of property is privately owned with a mortgage and 42.1% is privately owned outright.
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 5, Carrhouse Walk, Seaham, 15.4% of residents are recorded as possessing school level qualifications and 38.2% 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 5, Carrhouse Walk, Seaham, the average age was 40.3 and the most common age was 12.
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 5, Carrhouse Walk, 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 5, Carrhouse Walk, 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.