According to the public record, 50, Essex Crescent, Seaham is a mid-century freehold house and with 904 ft2 of internal area and sits on a 197 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Essex Crescent, Seaham, SR7 is located within the SR7 postal district.
50, Essex Crescent, Seaham has a single entry in the Land Registry database from August 2006 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 50 Essex Crescent Seaham as £81,396 and the rental value as £567 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 50 Essex Crescent Seaham has increased by £2,635 (3.2%) and its rental value has increased by £53 per month (9.4%).
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 50, Essex Crescent, Seaham is in very good condition we estimate a sale value of £85,466 and rental value of £596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,699 and a rental value of £528 per month.
If you were able to purchase this property for the estimated value of £81,396, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £400 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, 50, Essex Crescent, Seaham sits on a plot of 197m2.
We have plot size data on 27 out of 53 other houses in the postcode and 50, Essex Crescent, Seaham sits on the 7th largest plot.
According to HM Land Registry, 50, Essex Crescent, Seaham was last sold on 18 Aug 2006 for £75,000 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 50, Essex Crescent, Seaham within a radius of 435m over the last 2 years.
The most recent example is 59, Eastlea Crescent, Seaham, SR7 8EE, a Freehold house which sold for £81,000 in Dec 2023.
Read more about house prices in SR7.
Essex Crescent, Seaham, SR7 has a total of 54 addresses. According to our analysis of all the public data, 50, Essex Crescent, Seaham is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in SR7.
50, Essex Crescent, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 2013.
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 50, Essex Crescent, Seaham is Seaham station which is 1.6 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 50, Essex Crescent, Seaham, 39.6% of property is socially rented and 31.7% 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 50, Essex Crescent, Seaham, 31.1% of residents are recorded as possessing school level qualifications and 11.8% 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 50, Essex Crescent, 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 50, Essex Crescent, 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 50, Essex Crescent, Seaham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.