Derwent Close - SR7 7BT
Key Postcode Insights
SR7 7BT is a residential postcode situated on Derwent Close, Seaham, SR7 with 68 addresses.
It ranks as the 818th largest and 23rd most expensive of the 822 postcodes in the SR7 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 68 properties: 13 houses and 55 flats.
- Ave. Sale Price
- £64,661
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £526pcm
- 10 Year change
- up 35.3%
- Ave. £ per ft²
- £92/ft²
- Ave. Gross Yield
- 9.8%/year/yr
Key Postcode Insights
SR7 7BT is a residential postcode situated on Derwent Close, Seaham, SR7 with 68 addresses.
It ranks as the 818th largest and 23rd most expensive of the 822 postcodes in the SR7 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 68 properties: 13 houses and 55 flats.
- Ave. Sale Price
- £64,661
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £526pcm
- 10 Year change
- up 35.3%
- Ave. £ per ft²
- £92/ft²
- Ave. Gross Yield
- 9.8%/year/yr
Explore Propertiesin SR7 7BT
- 50 Derwent Close
2 Bed Early-century Flat
- 52 Derwent Close
2 Bed Mid-century Flat
- 54 Derwent Close
2 Bed Mid-century Flat
- 56 Derwent Close
2 Bed Early-century Flat
- 58 Derwent Close
2 Bed Early-century Flat
Sales Market Trends
The last sale in SR7 7BT sold for £120,000 on 22nd November 2024. Since then prices are up an average of 0.1%.
The current average value in the postcode is £64,661.
The SR7 7BT Sales Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £64,661 |
| June 2025 | 0.6% | £65,251 |
| June 2024 | 1.6% | £64,857 |
| June 2023 | 5.1% | £63,842 |
| June 2022 | 6.3% | £60,745 |
| June 2021 | 2.1% | £57,142 |
| June 2020 | 1.4% | £55,985 |
| June 2019 | 1.7% | £55,228 |
| June 2018 | 7.2% | £54,318 |
| June 2017 | -2.4% | £50,676 |
| June 2016 | -0.9% | £51,900 |
| June 2015 | 3.7% | £52,372 |
| June 2014 | -3.6% | £50,491 |
| June 2013 | 1% | £52,396 |
| June 2012 | -3.3% | £51,856 |
| June 2011 | -2.5% | £53,600 |
| June 2010 | 2.6% | £54,963 |
| June 2009 | -9.7% | £53,557 |
| June 2008 | -5.9% | £59,304 |
| June 2007 | 0% | £63,024 |
Rental Market Trends
The current average rental value in the postcode is £526.
The SR7 7BT Rental Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £526pcm |
| June 2025 | 2.5% | £517pcm |
| June 2024 | 8.5% | £504pcm |
| June 2023 | 7.9% | £465pcm |
| June 2022 | 8.9% | £431pcm |
| June 2021 | 1.1% | £395pcm |
| June 2020 | 1.8% | £391pcm |
| June 2019 | -1% | £384pcm |
| June 2018 | 0.6% | £388pcm |
| June 2017 | -0.7% | £386pcm |
| June 2016 | 0.4% | £389pcm |
| June 2015 | -1.5% | £387pcm |
| June 2014 | -0.5% | £393pcm |
| June 2013 | -2.9% | £395pcm |
| June 2012 | -1.1% | £407pcm |
| June 2011 | 0.8% | £411pcm |
| June 2010 | 1% | £408pcm |
| June 2009 | -3% | £404pcm |
| June 2008 | 3.4% | £417pcm |
| June 2007 | 0% | £403pcm |
Sales History
The last sale was on 22nd November 2024 for £120,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 33 sales since 1995.
SR7 7BT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£120,000 | 2 Bed House87, Derwent Close, Seaham, SR7 7BT87, Derwent Close, Seaham, SR7 7BT
- Sold Oct 2022£160,000 | 3 Bed House91, Derwent Close, Seaham, SR7 7BT91, Derwent Close, Seaham, SR7 7BT
- Sold Feb 2022£105,000 | 2 Bed House101, Derwent Close, Seaham, SR7 7BT101, Derwent Close, Seaham, SR7 7BT
- Sold Jul 2021£49,000 | 2 Bed Flat64, Derwent Close, Seaham, SR7 7BT64, Derwent Close, Seaham, SR7 7BT
- Sold Jun 2020£81,000 | 3 Bed House79, Derwent Close, Seaham, SR7 7BT79, Derwent Close, Seaham, SR7 7BT
Nearby Postcodes
SR7 7BT is the 818th largest and the 23rd most expensive postcode out of the 822 postcodes in the SR7 area.
- SR7 7BU, Dene House Road, Seaham, SR7SR7 7BU16 Addresses|73 m away
- SR7 7BX, New Drive, Seaham, SR7SR7 7BX13 Addresses|74 m away
- SR7 7BS, Derwent Close, Seaham, SR7SR7 7BS60 Addresses|75 m away
- SR7 7BP, Dene House Road, Seaham, SR7SR7 7BP4 Addresses|111 m away
- SR7 7EB, Mariners Way, Seaham, SR7SR7 7EB52 Addresses|115 m away
Property Types
- 11 mid-century houses built between 1936 and 1979
- 46 mid-century flats built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 6 early-century flats built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (11)
- mid-century flat (46)
- early-century house (1)
- early-century flat (6)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 64 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (57)
- G (0)
- D (7)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold May 2022£160,100 | 3 Bed House9, Derwent Close, Seaham, SR7 7BS9, Derwent Close, Seaham, SR7 7BS
- Sold Oct 2022£160,000 | 3 Bed House91, Derwent Close, Seaham, SR7 7BT91, Derwent Close, Seaham, SR7 7BT
- Sold Nov 2022£139,950 | 2 Bed House51, Derwent Close, Seaham, SR7 7BS51, Derwent Close, Seaham, SR7 7BS
Schools Nearby
- St Mary Magdalen's Catholic Primary School300 m away
- Seaham Trinity Primary School600 m away
- Seaview Primary School1.1 km away
- Seaham High School1.2 km away
- Venerable Bede Church of England Academy4.7 km away
- Southmoor Academy5.9 km away
More reading links
Public Transport Nearby
The closest station to SR7 7BT is Seaham station, which is 500 metres away.
- Seaham|500 m away
- Sunderland|7.6 km away
- Horden|9.2 km away
- Chester-le-Street|15.0 km away