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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, 29, Merlin Close, Seaham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,354 ft2 of internal area and sits on a 315 m2 plot 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 29, Merlin Close, Seaham is £354,536 and the estimated rental value is £1,669 per month.
Merlin Close, Seaham, SR7 is located within the SR7 postal district.
29, Merlin Close, Seaham has a single entry in the Land Registry from February 2012 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 29, Merlin Close, Seaham is in very good condition we estimate a sale value of £372,263 and a rental value of £1,753 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,719 and a rental value of £1,552 per month.
Over the last 12 months the sale value of 29 Merlin Close Seaham has decreased by an estimated £1,844 (0.5%) and its rental value has increased by an estimated £38 per month (2.3%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 29, Merlin Close, Seaham sits on a plot of 315m2.
We have plot size data on 28 out of 28 other houses in the postcode and 29, Merlin Close, Seaham sits on the 16th largest plot.
According to HM Land Registry, 29, Merlin Close, Seaham was last sold on 3rd February 2012 for £154,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2012, the market for similar properties has dropped 26.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Merlin Close, Seaham within a radius of 710 metres over the last 2 years.
The most recent example is 42, Aldeburgh Way, Seaham, SR7 7WQ, a freehold house which sold for £392,000 on the 6th December 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, 29, Merlin Close, Seaham is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £231k more expensive than the average property in SR7.
The closest station to 29, 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 29, 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 29, 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 29, 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 29, 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 29, 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.
