2, Peartree Rise
2, Peartree Rise
Description & Estimates
2, Peartree Rise, Seaham is recorded publicly as a modern freehold house across 2,884 ft2 of internal area, sitting on a 579 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Peartree Rise, Seaham is £538,352 and its rental estimate is £2,354 per month, given the available information and assuming reasonable condition.
Peartree Rise, Seaton, Seaham, SR7 falls within the SR7 postal district.
Our Data Sources
2, Peartree Rise, Seaham has 51 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated April 2013.
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.
Price Range & Condition
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 2, Peartree Rise, Seaham, we estimate a market value of £565,269 and a rental value of £2,472 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £500,667 and £2,189 per month respectively.
Recent Market Change
Over the last year, 2, Peartree Rise, Seaham has seen its estimated sale value drop by £9,737 (1.8%) and its estimated rental value rise by £17 per month (0.7%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 2, Peartree Rise, Seaham as measuring 579 m2.
That makes it the 3rd largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
2, Peartree Rise, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Apr 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Peartree Rise, Seaham completed on 21st October 2022 at £510,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 36.4% over the period since October 2022.
- Sold Oct 2022£510,500
- Sold Jul 2013£445,000
- Sold Oct 2010£450,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Peartree Rise, Seaham have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd March 2023, was 3, Poppyfield Court, Seaham, SR7 0DE, a freehold house which sold for £750,000.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 3 addresses on Peartree Rise, Seaton, Seaham, SR7, 2, Peartree Rise, Seaham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £415k more expensive than the average property across the SR7 district.
More reading links
Schools Nearby
- 900mWestlea Primary School
- 900mSt Cuthbert's Catholic Primary School, Seaham
- 1.0kmNew Seaham Academy
- 1.2kmSeaham High School
- 3.5kmVenerable Bede Church of England Academy
- 4.4kmFarringdon Community Academy
More reading links
Public Transport Nearby
From 2, Peartree Rise, Seaham, the nearest station is Seaham, 2.8 kilometres away.
- 2.8kmSeaham
- 6.9kmSunderland
- 10.5kmHorden
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
