According to the public record, 7, Oliver Street, Seaham is a period freehold house and with 882 ft2 of internal area and sits on a 223 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oliver Street, Murton, Seaham, SR7 is located within the SR7 postal district.
7, Oliver Street, Seaham has a single entry in the Land Registry database from August 2007 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 7 Oliver Street Seaham as £70,978 and the rental value as £498 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 7 Oliver Street Seaham has increased by £2,016 (2.8%) and its rental value has increased by £47 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 7, Oliver Street, Seaham is in very good condition we estimate a sale value of £74,527 and rental value of £523 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,009 and a rental value of £464 per month.
If you were able to purchase this property for the estimated value of £70,978, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £349 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, 7, Oliver Street, Seaham sits on a plot of 223m2.
We have plot size data on 9 out of 16 other houses in the postcode and 7, Oliver Street, Seaham sits on the 4th largest plot.
According to HM Land Registry, 7, Oliver Street, Seaham was last sold on 03 Aug 2007 for £58,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2007, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Oliver Street, Seaham within a radius of 74m over the last 2 years.
The most recent example is 36, Hawkins Road, Seaham, SR7 9DQ, a Freehold house which sold for £62,000 in Nov 2023.
Read more about house prices in SR7.
Oliver Street, Murton, Seaham, SR7 has a total of 16 addresses. According to our analysis of all the public data, 7, Oliver Street, Seaham is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in SR7.
7, Oliver Street, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Apr 2015.
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 7, Oliver Street, Seaham is Seaham station which is 3.6 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 7, Oliver Street, Seaham, 42.0% of property is privately owned with a mortgage and 35.0% 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 7, Oliver Street, Seaham, 24.1% of residents are recorded as possessing school level qualifications and 27.6% 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 7, Oliver Street, 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 7, Oliver 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 7, Oliver Street, Seaham, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.