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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Meadow Lane, Seaham is £200,707 and the estimated rental value is £961 per month.
Meadow Lane, Murton, Seaham, SR7 is located within the SR7 postal district.
2, Meadow Lane, Seaham has no records in the the Land Registry and a single entry in the EPC database dated August 2016.
We combine this information with public data 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.
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, Meadow Lane, Seaham is in very good condition we estimate a sale value of £210,743 and a rental value of £1,009 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,658 and a rental value of £894 per month.
Over the last 12 months the sale value of 2 Meadow Lane Seaham has decreased by an estimated £1,412 (0.7%) and its rental value has increased by an estimated £19 per month (2.0%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Meadow Lane, Seaham sits on a plot of 419m2.
We have plot size data on 5 out of 6 other houses in the postcode and 2, Meadow Lane, Seaham sits on the 5th largest plot.
2, Meadow Lane, Seaham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Aug 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Meadow Lane, Seaham within a radius of 920 metres over the last 2 years.
The most recent example is 26, Station Road South, Seaham, SR7 9SE, a freehold house which sold for £169,950 on the 5th May 2016.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadow Lane, Murton, Seaham, SR7 has a total of 6 addresses. According to our analysis of all the public data, 2, Meadow Lane, Seaham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in SR7.
The closest station to 2, Meadow Lane, Seaham is Seaham station which is 4.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Meadow Lane, Seaham, 55.8% of property is socially rented and 15.6% 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, Meadow Lane, Seaham, 17.9% of residents are recorded as possessing school level qualifications and 23.2% 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, Meadow Lane, Seaham, the average age was 40.3 and the most common age was 12.
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, Meadow Lane, 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 2, Meadow Lane, 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.