According to the public record, 6, Souter Drive, Seaham is a modern freehold house and with 753 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Souter Drive, Seaham, SR7 is located within the SR7 postal district.
6, Souter Drive, Seaham has 21 entries in the Land Registry database, most recently in January 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 reasonable condition, we estimate the current sale value for 6 Souter Drive Seaham as £202,072 and the rental value as £1,076 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 6 Souter Drive Seaham has increased by £1,081 (0.5%) and its rental value has increased by £73 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 6, Souter Drive, Seaham is in very good condition we estimate a sale value of £212,176 and rental value of £1,130 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,927 and a rental value of £1,001 per month.
If you were able to purchase this property for the estimated value of £202,072, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £993 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, 6, Souter Drive, Seaham sits on a plot of 193m2.
We have plot size data on 34 out of 49 other houses in the postcode and 6, Souter Drive, Seaham sits on the 15th largest plot.
According to HM Land Registry, 6, Souter Drive, Seaham was last sold on 26 Jan 2018 for £170,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2018, the market for similar properties has risen 21.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Souter Drive, Seaham within a radius of 58m over the last 2 years.
The most recent example is 7, Souter Drive, Seaham, SR7 7WT, a Freehold house which sold for £190,000 in Jul 2023.
Read more about house prices in SR7.
Souter Drive, Seaham, SR7 has a total of 49 addresses. According to our analysis of all the public data, 6, Souter Drive, Seaham is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in SR7.
6, Souter Drive, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2017.
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 6, Souter Drive, Seaham is Seaham station which is 800 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 6, Souter Drive, Seaham, 59.5% of property is privately owned with a mortgage and 26.1% 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 6, Souter Drive, Seaham, 23.5% of residents are recorded as possessing school level qualifications and 44.4% 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 6, Souter Drive, 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 6, Souter Drive, 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 6, Souter Drive, Seaham, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.