According to the public record, 5, Garron Street, Seaham is a period freehold house and with 1,054 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Garron Street, Seaham, SR7 is located within the SR7 postal district.
5, Garron Street, Seaham has a single entry in the Land Registry database from June 2014 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 5 Garron Street Seaham as £83,391 and the rental value as £551 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 5 Garron Street Seaham has increased by £2,421 (2.9%) and its rental value has increased by £51 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 5, Garron Street, Seaham is in very good condition we estimate a sale value of £87,560 and rental value of £579 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,553 and a rental value of £512 per month.
If you were able to purchase this property for the estimated value of £83,391, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £410 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, 5, Garron Street, Seaham sits on a plot of 121m2.
We have plot size data on 26 out of 40 other houses in the postcode and 5, Garron Street, Seaham sits on the 8th largest plot.
According to HM Land Registry, 5, Garron Street, Seaham was last sold on 02 Jun 2014 for £40,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2014, the market for similar properties has risen 34.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Garron Street, Seaham within a radius of 56m over the last 2 years.
The most recent example is 34, Garron Street, Seaham, SR7 7QR, a Freehold house which sold for £83,320 in Jul 2022.
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, 5, Garron Street, Seaham is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in SR7.
5, Garron Street, Seaham has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 25 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 5, 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 5, 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 5, 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 5, 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 5, 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 5, 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.