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Company No. 11113204
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According to the public record, 24, Strangways Street, Seaham is a period leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Strangways Street, Seaham is £26,626 and the estimated rental value is £223 per month.
The apartment is within 24, Strangways Street, Seaham, SR7.
Strangways Street, Seaham, SR7 is located within the SR7 postal district.
24, Strangways Street, Seaham has 2 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 24, Strangways Street, Seaham is in very good condition we estimate a sale value of £27,957 and a rental value of £235 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £24,762 and a rental value of £208 per month.
Over the last 12 months the sale value of 24 Strangways Street Seaham has decreased by an estimated £75 (0.3%) and its rental value has increased by an estimated £5 per month (2.3%), giving an expected gross yield of 10.1%.
24, Strangways Street, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2016.
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, 24, Strangways Street, Seaham was last sold on 21st September 2015 for £25,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2015, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 24, Strangways Street, Seaham within a radius of 580 metres over the last 2 years.
The most recent example is 11A, Ilchester Street, Seaham, SR7 7LW, a leasehold flat which sold for £27,000 on the 19th December 2024.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Strangways Street, Seaham, SR7 has a total of 49 addresses. According to our analysis of all the public data, 24, Strangways Street, Seaham is the 48th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in SR7.
The closest station to 24, Strangways Street, Seaham is Seaham station which is 800 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 24, Strangways Street, Seaham, 55.2% of property is privately rented and 17.6% 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 24, Strangways Street, Seaham, 14.8% of residents are recorded as possessing school level qualifications and 20.5% 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 24, Strangways 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 24, Strangways Street, Seaham, 0.4% 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 24, Strangways Street, Seaham, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
