According to the public record, 8, Shakespeare Street, Seaham is a mid-century freehold house and with 914 ft2 of internal area and sits on a 207 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Shakespeare Street, Seaham, SR7 is located within the SR7 postal district.
8, Shakespeare Street, Seaham has a single entry in the Land Registry database from February 2024 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 8 Shakespeare Street Seaham as £129,104 and the rental value as £880 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 8 Shakespeare Street Seaham has increased by £3,116 (2.4%) and its rental value has increased by £78 per month (8.8%).
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 8, Shakespeare Street, Seaham is in very good condition we estimate a sale value of £135,559 and rental value of £924 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,067 and a rental value of £819 per month.
If you were able to purchase this property for the estimated value of £129,104, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £635 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, 8, Shakespeare Street, Seaham sits on a plot of 207m2.
We have plot size data on 11 out of 15 other houses in the postcode and 8, Shakespeare Street, Seaham sits on the 3rd largest plot.
According to HM Land Registry, 8, Shakespeare Street, Seaham was last sold on 09 Feb 2024 for £127,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Shakespeare Street, Seaham within a radius of 71m over the last 2 years.
The most recent example is 11, Shaw Street, Seaham, SR7 7HW, a Freehold house which sold for £123,000 in Sep 2022.
Read more about house prices in SR7.
Shakespeare Street, Seaham, SR7 has a total of 19 addresses. According to our analysis of all the public data, 8, Shakespeare Street, Seaham is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in SR7.
8, Shakespeare Street, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Oct 2023.
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 8, Shakespeare Street, Seaham is Seaham station which is 500 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 8, Shakespeare Street, Seaham, 29.2% of property is privately owned outright and 26.2% 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 8, Shakespeare Street, Seaham, 16.1% of residents are recorded as possessing school level qualifications and 25.9% 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 8, Shakespeare Street, Seaham, the average age was 42.6 and the most common age was 62.
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 8, Shakespeare Street, Seaham, 0.3% 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 8, Shakespeare Street, 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.