According to the public record, 51, Marsdon Way, Seaham is a modern freehold house and with 1,065 ft2 of internal area and sits on a 227 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marsdon Way, Seaham, SR7 is located within the SR7 postal district.
51, Marsdon Way, Seaham has 41 entries in the Land Registry database, most recently in May 2022 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 51 Marsdon Way Seaham as £268,285 and the rental value as £1,197 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 51 Marsdon Way Seaham has increased by £1,435 (0.5%) and its rental value has increased by £81 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 51, Marsdon Way, Seaham is in very good condition we estimate a sale value of £281,699 and rental value of £1,257 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,505 and a rental value of £1,113 per month.
If you were able to purchase this property for the estimated value of £268,285, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,319 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, 51, Marsdon Way, Seaham sits on a plot of 227m2.
We have plot size data on 50 out of 65 other houses in the postcode and 51, Marsdon Way, Seaham sits on the 35th largest plot.
According to HM Land Registry, 51, Marsdon Way, Seaham was last sold on 12 May 2022 for £265,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2022, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Marsdon Way, Seaham within a radius of 76m over the last 2 years.
The most recent example is 41, Souter Drive, Seaham, SR7 7WT, a Freehold house which sold for £247,500 in Apr 2024.
Read more about house prices in SR7.
Marsdon Way, Seaham, SR7 has a total of 65 addresses. According to our analysis of all the public data, 51, Marsdon Way, Seaham is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in SR7.
51, Marsdon Way, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2012.
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 51, Marsdon Way, Seaham is Seaham station which is 900 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 51, Marsdon Way, Seaham, 64.0% of property is privately owned with a mortgage and 31.0% 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 51, Marsdon Way, Seaham, 33.9% of residents are recorded as possessing school level qualifications and 45.3% 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 51, Marsdon Way, Seaham, the average age was 43.9 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 51, Marsdon Way, Seaham, 0.6% 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 51, Marsdon Way, Seaham, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.