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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, West Street, Seaham is £72,413 and the estimated rental value is £503 per month.
West Street, Seaham, SR7 is located within the SR7 postal district.
2, West Street, Seaham has 51 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated January 2024.
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.
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, West Street, Seaham is in very good condition we estimate a sale value of £76,034 and a rental value of £528 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,344 and a rental value of £467 per month.
Over the last 12 months the sale value of 2 West Street Seaham has increased by an estimated £449 (0.6%) and its rental value has increased by an estimated £15 per month (3.1%), giving an expected gross yield of 8.3%.
According to data from HM Land Registry, 2, West Street, Seaham sits on a plot of 49m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, West Street, Seaham sits on the 5th largest plot.
2, West Street, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2024.
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, West Street, Seaham was last sold on 1st August 2022 for £70,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since August 2022, the market for similar properties has dropped 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, West Street, Seaham within a radius of 560 metres over the last 2 years.
The most recent example is 2, Alexandrina Street, Seaham, SR7 7HU, a freehold house which sold for £110,000 on the 11th October 2024.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Street, Seaham, SR7 has a total of 6 addresses. According to our analysis of all the public data, 2, West Street, Seaham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in SR7.
The closest station to 2, West Street, Seaham is Seaham station which is 500 metres 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, West Street, Seaham, 29.2% of property is privately owned outright and 24.6% is socially 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 2, West Street, Seaham, 18.9% of residents are recorded as possessing school level qualifications and 15.3% 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, West 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 2, West Street, 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, West Street, Seaham, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.