According to the public record, Stewards Cottage, Seaham is a mid-century house with 1,087 ft2 of internal area and sits on a 744 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
New Drive, Seaham, SR7 is located within the SR7 postal district.
Stewards Cottage, Seaham has no records in the Land Registry database and a single entry in the EPC database dated August 2013.
We combine this information with public data 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 Stewards Cottage Seaham as £174,571 and the rental value as £1,037 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Stewards Cottage Seaham has increased by £1,145 (0.7%) and its rental value has increased by £72 per month (6.9%).
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 Stewards Cottage, Seaham is in very good condition we estimate a sale value of £183,299 and rental value of £1,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,351 and a rental value of £964 per month.
If you were able to purchase this property for the estimated value of £174,571, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £858 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, Stewards Cottage, Seaham sits on a plot of 744m2.
We have plot size data on 3 out of 13 other houses in the postcode and Stewards Cottage, Seaham sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Stewards Cottage, Seaham within a radius of 600 metres over the last 2 years.
The most recent example is 44, Mariners Way, Seaham, SR7 7EB, a Leasehold house which sold for £230,000 in May 2022.
Read more about house prices in SR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Drive, Seaham, SR7 has a total of 13 addresses. According to our analysis of all the public data, Stewards Cottage, Seaham is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in SR7.
Stewards Cottage, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2013.
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 Stewards Cottage, Seaham is Seaham station which is 500 metres 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 Stewards Cottage, Seaham, 35.2% of property is socially rented and 31.5% 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 Stewards Cottage, Seaham, 12.8% of residents are recorded as possessing school level qualifications and 24.5% 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 Stewards Cottage, 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 Stewards Cottage, 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 Stewards Cottage, Seaham, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.