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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 22, Mariners Way, Seaham is a modern leasehold apartment with 559 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 22, Mariners Way, Seaham is £93,613 and the estimated rental value is £671 per month.
Mariners Way, Seaham, SR7 is located within the SR7 postal district.
22, Mariners Way, Seaham has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated November 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 22, Mariners Way, Seaham is in very good condition we estimate a sale value of £98,294 and a rental value of £705 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,060 and a rental value of £624 per month.
Over the last 12 months the sale value of 22 Mariners Way Seaham has decreased by an estimated £353 (0.4%) and its rental value has increased by an estimated £15 per month (2.2%), giving an expected gross yield of 8.6%.
22, Mariners Way, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Nov 2012.
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, 22, Mariners Way, Seaham was last sold on 28th October 2016 for £78,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2016, the market for similar properties has risen 20.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Mariners Way, Seaham within a radius of 600 metres over the last 2 years.
The most recent example is 24, Mariners Way, Seaham, SR7 7EB, a leasehold flat which sold for £83,500 on the 13th August 2021.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mariners Way, Seaham, SR7 has a total of 52 addresses. According to our analysis of all the public data, 22, Mariners Way, Seaham is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in SR7.
The closest station to 22, Mariners Way, 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 22, Mariners Way, Seaham, 35.2% of property is socially rented and 31.5% 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 22, Mariners Way, Seaham, 12.8% of residents are recorded as possessing school level qualifications and 24.5% 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 22, Mariners Way, 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 22, Mariners Way, 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 22, Mariners Way, Seaham, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
