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According to the public record, 3, Malcolm Street, Seaham is a period freehold house with 1,130 ft2 of internal area and sits on a 86.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Malcolm Street, Seaham is £101,289 and the estimated rental value is £729 per month.
Malcolm Street, Seaham, SR7 is located within the SR7 postal district.
3, Malcolm Street, Seaham has 2 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated February 2016.
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.
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 3, Malcolm Street, Seaham is in very good condition we estimate a sale value of £106,354 and a rental value of £765 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,199 and a rental value of £678 per month.
Over the last 12 months the sale value of 3 Malcolm Street Seaham has increased by an estimated £1,196 (1.2%) and its rental value has increased by an estimated £26 per month (3.6%), giving an expected gross yield of 8.6%.
According to data from HM Land Registry, 3, Malcolm Street, Seaham sits on a plot of 87m2.
We have plot size data on 4 out of 4 other houses in the postcode and 3, Malcolm Street, Seaham sits on the 2nd largest plot.
3, Malcolm Street, Seaham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Feb 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, 3, Malcolm Street, Seaham was last sold on 31st July 2024 for £105,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2024, the market for similar properties has dropped 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Malcolm Street, Seaham within a radius of 560 metres over the last 2 years.
The most recent example is 30, Princess Road, Seaham, SR7 7QX, a freehold house which sold for £97,000 on the 27th March 2024.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malcolm Street, Seaham, SR7 has a total of 4 addresses. According to our analysis of all the public data, 3, Malcolm Street, Seaham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in SR7.
The closest station to 3, Malcolm Street, Seaham is Seaham station which is 600 metres away.
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 3, Malcolm Street, Seaham, 35.7% of property is privately owned with a mortgage and 29.8% is privately owned outright.
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 3, Malcolm Street, Seaham, 22.3% of residents are recorded as possessing school level qualifications and 18.7% 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 3, Malcolm 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 3, Malcolm Street, 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 3, Malcolm Street, Seaham, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.