According to the public record, 5, Parklands Court, Seaham is a modern freehold house with 1,905 ft2 of internal area and sits on a 386 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Parklands Court, Seaham, SR7 is located within the SR7 postal district.
5, Parklands Court, Seaham has 2 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated September 2018.
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 Parklands Court Seaham as £311,172 and the rental value as £1,560 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Parklands Court Seaham has increased by £1,857 (0.6%) and its rental value has increased by £104 per month (6.7%).
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, Parklands Court, Seaham is in very good condition we estimate a sale value of £326,731 and rental value of £1,639 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,390 and a rental value of £1,451 per month.
If you were able to purchase this property for the estimated value of £311,172, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,529 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, Parklands Court, Seaham sits on a plot of 386m2.
We have plot size data on 7 out of 16 other houses in the postcode and 5, Parklands Court, Seaham sits on the 7th largest plot.
According to HM Land Registry, 5, Parklands Court, Seaham was last sold on 10 Jan 2020 for £235,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2020, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Parklands Court, Seaham within a radius of 600 metres over the last 2 years.
The most recent example is 12, Parklands Court, Seaham, SR7 0AG, a Freehold house which sold for £245,000 in Jan 2021.
Read more about house prices in SR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parklands Court, Seaham, SR7 has a total of 16 addresses. According to our analysis of all the public data, 5, Parklands Court, Seaham is the 10th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £166k more expensive than the average property in SR7.
5, Parklands Court, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Sep 2018.
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 5, Parklands Court, Seaham is Seaham station which is 700 metres 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, Parklands Court, Seaham, 38.5% of property is privately owned outright and 25.6% 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 5, Parklands Court, Seaham, 16.5% of residents are recorded as possessing school level qualifications and 24.1% 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, Parklands Court, 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, Parklands 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 5, Parklands Court, 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.