According to the public record, 9, Wear Street, Seaham is a early-century freehold house and with 764 ft2 of internal area and sits on a 108 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wear Street, Seaham, SR7 is located within the SR7 postal district.
9, Wear Street, Seaham has 21 entries in the Land Registry database, most recently in December 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 9 Wear Street Seaham as £69,930 and the rental value as £511 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 9 Wear Street Seaham has increased by £1,688 (2.4%) and its rental value has increased by £45 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 9, Wear Street, Seaham is in very good condition we estimate a sale value of £73,427 and rental value of £537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,035 and a rental value of £475 per month.
If you were able to purchase this property for the estimated value of £69,930, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £344 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, 9, Wear Street, Seaham sits on a plot of 108m2.
We have plot size data on 9 out of 12 other houses in the postcode and 9, Wear Street, Seaham sits on the 6th largest plot.
According to HM Land Registry, 9, Wear Street, Seaham was last sold on 20 Dec 2007 for £82,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2007, the market for similar properties has risen 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Wear Street, Seaham within a radius of 50m over the last 2 years.
The most recent example is 10, Wear Street, Seaham, SR7 7ER, a Freehold house which sold for £65,000 in Jul 2023.
Read more about house prices in SR7.
Wear Street, Seaham, SR7 has a total of 12 addresses. According to our analysis of all the public data, 9, Wear Street, Seaham is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in SR7.
9, Wear Street, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2024.
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 9, Wear 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 9, Wear Street, Seaham, 30.4% of property is privately rented and 29.7% is socially rented.
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 9, Wear Street, Seaham, 14.9% of residents are recorded as possessing school level qualifications and 19.5% 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 9, Wear 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 9, Wear Street, Seaham, 0.4% 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 9, Wear Street, Seaham, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.