3, Grasmere Terrace
3, Grasmere Terrace
Description & Estimates
3, Grasmere Terrace, Seaham is recorded publicly as a mid-century freehold house across 695 ft2 of internal area, sitting on a 297 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Grasmere Terrace, Seaham is £133,336 and its rental estimate is £752 per month, given the available information and assuming reasonable condition.
Grasmere Terrace, Murton, Seaham, SR7 falls within the SR7 postal district.
Our Data Sources
3, Grasmere Terrace, Seaham has a single entry in the Land Registry from December 2009 and a single entry in the EPC database dated July 2009.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Grasmere Terrace, Seaham, we estimate a market value of £140,002 and a rental value of £790 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £124,002 and £700 per month respectively.
Recent Market Change
Over the last year, 3, Grasmere Terrace, Seaham has seen its estimated sale value climb by £828 (0.6%) and its estimated rental value rise by £23 per month (3.1%). This results in an estimated gross rental yield of 6.8%.
Plot Size
HM Land Registry records the plot of land for 3, Grasmere Terrace, Seaham as measuring 297 m2.
That makes it the 6th largest plot in the postcode, where 12 of the 13 other houses have recorded plot data.
Energy Efficiency
3, Grasmere Terrace, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Grasmere Terrace, Seaham completed on 15th December 2009 at £75,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 29.8% over the period since December 2009.
- Sold Dec 2009£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Grasmere Terrace, Seaham have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2024, was 29, Fairfield Grove, Seaham, SR7 9NB, a freehold house which sold for £125,000.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 23 addresses on Grasmere Terrace, Murton, Seaham, SR7, 3, Grasmere Terrace, Seaham comes out as the 19th largest and the 10th most expensive in our analysis of the public data.
It is also £10k more expensive than the average property across the SR7 district.
More reading links
Schools Nearby
- 500mRibbon School
- 500mSt Joseph's Catholic Primary School, Murton
- 2.5kmSouth Hetton Primary
- 3.1kmSeaham High School
- 4.1kmEasington Academy
- 5.0kmHetton Academy
More reading links
Public Transport Nearby
From 3, Grasmere Terrace, Seaham, the nearest station is Seaham, 3.7 kilometres away.
- 3.7kmSeaham
- 7.9kmHorden
- 10.1kmSunderland
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
