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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, 20, Merlin Close, Seaham is a modern freehold house with 678 ft2 of internal area and sits on a 262 m2 plot.
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 20, Merlin Close, Seaham is £231,944 and the estimated rental value is £1,277 per month.
Merlin Close, Seaham, SR7 is located within the SR7 postal district.
20, Merlin Close, Seaham has 21 entries in the Land Registry , most recently in March 2012 and a single entry in the EPC database dated November 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.
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 20, Merlin Close, Seaham is in very good condition we estimate a sale value of £243,541 and a rental value of £1,341 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,708 and a rental value of £1,188 per month.
Over the last 12 months the sale value of 20 Merlin Close Seaham has increased by an estimated £1,440 (0.6%) and its rental value has increased by an estimated £39 per month (3.1%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 20, Merlin Close, Seaham sits on a plot of 262m2.
We have plot size data on 28 out of 28 other houses in the postcode and 20, Merlin Close, Seaham sits on the 23rd largest plot.
20, Merlin Close, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 20, Merlin Close, Seaham was last sold on 5th March 2012 for £126,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2012, the market for similar properties has dropped 32.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Merlin Close, Seaham within a radius of 730 metres over the last 2 years.
The most recent example is 25, Stoneycroft Way, Seaham, SR7 7DG, a freehold house which sold for £210,000 on the 19th July 2024.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merlin Close, Seaham, SR7 has a total of 28 addresses. According to our analysis of all the public data, 20, Merlin Close, Seaham is the 25th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in SR7.
The closest station to 20, Merlin Close, Seaham is Seaham station which is 600 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 20, Merlin Close, Seaham, 55.7% of property is privately owned outright and 35.0% 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 20, Merlin Close, Seaham, 14.2% of residents are recorded as possessing school level qualifications and 33.9% 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 20, Merlin Close, 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 20, Merlin Close, Seaham, 2.2% 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 20, Merlin Close, Seaham, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
