According to the public record, 5, Union Street, Seaham is a period house with 742 ft2 of internal area and sits on a 93 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Union Street, Seaham, SR7 is located within the SR7 postal district.
5, Union Street, Seaham has no recent1 records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 Union Street Seaham as £87,338 and the rental value as £643 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 5 Union Street Seaham has increased by £2,535 (2.9%) and its rental value has increased by £59 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, Union Street, Seaham is in very good condition we estimate a sale value of £91,705 and rental value of £675 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,224 and a rental value of £598 per month.
If you were able to purchase this property for the estimated value of £87,338, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £429 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, Union Street, Seaham sits on a plot of 93m2.
We have plot size data on 13 out of 22 other houses in the postcode and 5, Union Street, Seaham sits on the 13th largest plot.
According to HM Land Registry, 5, Union Street, Seaham was last sold on 21 Dec 1999 for £17,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Union Street, Seaham within a radius of 176m over the last 2 years.
The most recent example is 7, Rainton Street, Seaham, SR7 7QS, a Freehold house which sold for £85,000 in Aug 2023.
Read more about house prices in SR7.
Union Street, Seaham, SR7 has a total of 22 addresses. According to our analysis of all the public data, 5, Union Street, Seaham is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in SR7.
5, Union Street, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 2020.
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, Union Street, Seaham is Seaham station which is 700 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, Union Street, Seaham, 35.7% of property is privately owned with a mortgage and 29.8% 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, Union Street, Seaham, 22.3% of residents are recorded as possessing school level qualifications and 18.7% 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, Union 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, Union 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, Union Street, Seaham, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.