According to the public record, 5, Village Farm, Seaham is a modern freehold house and with 3,444 ft2 of internal area and sits on a 625 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Village Farm, Murton, Seaham, SR7 is located within the SR7 postal district.
5, Village Farm, Seaham has a single entry in the Land Registry database from May 2018 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 good condition, we estimate the current sale value for 5 Village Farm Seaham as £521,727 and the rental value as £2,262 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 5 Village Farm Seaham has increased by £3,069 (0.6%) and its rental value has increased by £154 per month (6.8%).
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, Village Farm, Seaham is in very good condition we estimate a sale value of £547,814 and rental value of £2,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £485,206 and a rental value of £2,104 per month.
If you were able to purchase this property for the estimated value of £521,727, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,564 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, Village Farm, Seaham sits on a plot of 625m2.
We have plot size data on 4 out of 7 other houses in the postcode and 5, Village Farm, Seaham sits on the largest plot.
According to HM Land Registry, 5, Village Farm, Seaham was last sold on 15 May 2018 for £120,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 21.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 5, Village Farm, Seaham within a radius of 29m over the last 2 years.
The most recent example is 2, Village Farm, Seaham, SR7 9DN, a Freehold house which sold for £445,000 in Jun 2021.
Read more about house prices in SR7.
Village Farm, Murton, Seaham, SR7 has a total of 7 addresses. According to our analysis of all the public data, 5, Village Farm, Seaham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £377k more expensive than the average property in SR7.
5, Village Farm, Seaham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Apr 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 5, Village Farm, Seaham is Seaham station which is 4.2 km 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, Village Farm, Seaham, 44.4% 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, Village Farm, Seaham, 9.1% of residents are recorded as possessing school level qualifications and 19.7% 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, Village Farm, 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 5, Village Farm, 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, Village Farm, Seaham, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.