According to the public record, 8, Wetherburn Avenue, Seaham is a early-century freehold house and with 764 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wetherburn Avenue, Murton, Seaham, SR7 is located within the SR7 postal district.
8, Wetherburn Avenue, Seaham has 31 entries in the Land Registry database, most recently in November 2021 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 Wetherburn Avenue Seaham as £92,743 and the rental value as £678 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 8 Wetherburn Avenue Seaham has increased by £2,941 (3.2%) and its rental value has increased by £64 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 8, Wetherburn Avenue, Seaham is in very good condition we estimate a sale value of £97,380 and rental value of £712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,251 and a rental value of £630 per month.
If you were able to purchase this property for the estimated value of £92,743, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £456 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, Wetherburn Avenue, Seaham sits on a plot of 248m2.
We have plot size data on 17 out of 20 other houses in the postcode and 8, Wetherburn Avenue, Seaham sits on the 9th largest plot.
According to HM Land Registry, 8, Wetherburn Avenue, Seaham was last sold on 05 Nov 2021 for £83,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Wetherburn Avenue, Seaham within a radius of 245m over the last 2 years.
The most recent example is 1, Huntley Avenue, Seaham, SR7 9EZ, a Freehold house which sold for £99,950 in Nov 2022.
Read more about house prices in SR7.
Wetherburn Avenue, Murton, Seaham, SR7 has a total of 38 addresses. According to our analysis of all the public data, 8, Wetherburn Avenue, Seaham is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in SR7.
8, Wetherburn Avenue, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jul 2021.
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, Wetherburn Avenue, Seaham is Seaham station which is 4.1 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 8, Wetherburn Avenue, Seaham, 55.8% of property is socially rented and 15.6% 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, Wetherburn Avenue, Seaham, 17.9% of residents are recorded as possessing school level qualifications and 23.2% 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, Wetherburn Avenue, 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 8, Wetherburn Avenue, 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 8, Wetherburn Avenue, 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.