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According to the public record, 27, Marquess Point, Seaham is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,328 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 27, Marquess Point, Seaham is £325,197 and the estimated rental value is £1,551 per month.
Marquess Point, Seaham, SR7 is located within the SR7 postal district.
27, Marquess Point, Seaham has 21 entries in the Land Registry , most recently in October 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 27, Marquess Point, Seaham is in very good condition we estimate a sale value of £341,457 and a rental value of £1,629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,433 and a rental value of £1,443 per month.
Over the last 12 months the sale value of 27 Marquess Point Seaham has decreased by an estimated £1,691 (0.5%) and its rental value has increased by an estimated £35 per month (2.3%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 27, Marquess Point, Seaham was last sold on 1st October 2010 for £153,450 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since October 2010, the market for similar properties has risen 44.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Marquess Point, Seaham within a radius of 850 metres over the last 2 years.
The most recent example is 11, Aldeburgh Way, Seaham, SR7 7WQ, a freehold house which sold for £350,000 on the 14th January 2022.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marquess Point, Seaham, SR7 has a total of 27 addresses. According to our analysis of all the public data, 27, Marquess Point, Seaham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £202k more expensive than the average property in SR7.
The closest station to 27, Marquess Point, Seaham is Seaham station which is 700 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 27, Marquess Point, Seaham, 29.2% of property is privately owned outright and 26.2% 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 27, Marquess Point, Seaham, 16.1% of residents are recorded as possessing school level qualifications and 25.9% 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 27, Marquess Point, 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 27, Marquess Point, Seaham, 0.3% 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 27, Marquess Point, Seaham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.