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Bricks&Logic is a trading name of Urban Markets Ltd
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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According to the public record, 2, Marquess Point, Seaham is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Marquess Point, Seaham is £147,776 and the estimated rental value is £936 per month.
Marquess Point, Seaham, SR7 is located within the SR7 postal district.
2, Marquess Point, Seaham has 41 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 2, Marquess Point, Seaham is in very good condition we estimate a sale value of £155,165 and a rental value of £983 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,432 and a rental value of £871 per month.
Over the last 12 months the sale value of 2 Marquess Point Seaham has decreased by an estimated £557 (0.4%) and its rental value has increased by an estimated £21 per month (2.2%), giving an expected gross yield of 7.6%.
2, Marquess Point, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Marquess Point, Seaham was last sold on 3rd December 2020 for £105,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since December 2020, the market for similar properties has dropped 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Marquess Point, Seaham within a radius of 830 metres over the last 2 years.
The most recent example is 18, Marquess Point, Seaham, SR7 7EA, a leasehold flat which sold for £128,500 on the 11th November 2024.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marquess Point, Seaham, SR7 has a total of 27 addresses. According to our analysis of all the public data, 2, Marquess Point, Seaham is the 22nd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £24k more expensive than the average property in SR7.
The closest station to 2, Marquess Point, Seaham is Seaham station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 2, Marquess Point, Seaham, 29.2% of property is privately owned outright and 26.2% is privately owned with a mortgage.
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 2, Marquess Point, Seaham, 16.1% of residents are recorded as possessing school level qualifications and 25.9% 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 2, Marquess Point, 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 2, Marquess Point, Seaham, 0.3% 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 2, Marquess Point, 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.
