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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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15, Albert Street, Seaham is recorded publicly as a period leasehold apartment across 678 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 15, Albert Street, Seaham is £72,316 and its rental estimate is £540 per month, given the available information and assuming reasonable condition.
15, Albert Street is a residential building on Albert Street, Seaham, SR7 and falls within the SR7 postal district.
15, Albert Street, Seaham has 51 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated June 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 15, Albert Street, Seaham, we estimate a market value of £75,932 and a rental value of £567 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £67,254 and £502 per month respectively.
Over the last year, 15, Albert Street, Seaham has seen its estimated sale value decline by £203 (0.3%) and its estimated rental value climb by £13 per month (2.3%). This results in an estimated gross rental yield of 9.0%.
15, Albert Street, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 15, Albert Street, Seaham completed on 12th November 2021 at £75,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 7.8% over the period since November 2021.
Over the past 2 years 3 properties similar to 15, Albert Street, Seaham have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2021, was 20A, Albert Street, Seaham, SR7 7LJ, a leasehold flat which sold for £45,000.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 43 addresses on Albert Street, Seaham, SR7, 15, Albert Street, Seaham comes out as the 36th largest and the 36th most expensive in our analysis of the public data.
It is also £51k less expensive than the average property across the SR7 district.
From 15, Albert Street, Seaham, the nearest station is Seaham, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Albert Street, Seaham, 36.5% of property is privately owned outright and 36.5% is privately rented.
The graph below shows how this compares to North East 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 15, Albert Street, Seaham, 20.9% of residents are recorded as possessing school level qualifications and 19.1% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 15, Albert 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 15, Albert Street, Seaham, 0.8% 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 15, Albert Street, Seaham, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
