3, Oak Terrace
3, Oak Terrace
Description & Estimates
Public records show 3, Oak Terrace, Seaham to be an early-century freehold house with 466 ft2 of internal area, sitting on a 100 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, Oak Terrace, Seaham has an estimated sale value of £54,831 and an estimated rental value of £446 per month, assuming reasonable condition and based on the information available.
Oak Terrace, Murton, Seaham, SR7 lies within the SR7 postal district.
Our Data Sources
3, Oak Terrace, Seaham has 2 entries in the Land Registry , most recently in September 2013 and a single entry in the EPC database dated December 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Oak Terrace, Seaham would be worth £57,572, with a potential rental value of £468 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £50,993, with a rental value of £415 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Oak Terrace, Seaham has grown by £339 (0.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £14 (3.1%). The property's estimated gross yield is currently 9.8%.
Plot Size
3, Oak Terrace, Seaham occupies a 100 m2 plot as recorded by HM Land Registry.
All 13 other houses in this postcode have recorded plot sizes, and this one ranks as the 12th largest.
Energy Efficiency
3, Oak Terrace, Seaham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Dec 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Oak Terrace, Seaham last changed hands on 6th September 2013, selling for £56,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 61.8% since September 2013.
- Sold Sep 2013£56,000
- Sold Aug 2012£55,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 3, Oak Terrace, Seaham across the last 2 years.
Most recently, 8, Oak Terrace, Seaham, SR7 9BJ, a freehold house, sold at £50,000 on the 12th August 2022.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Oak Terrace, Seaham as the 11th largest and the 11th most expensive of the 13 addresses on Oak Terrace, Murton, Seaham, SR7.
Against the SR7 postcode district average, it is £68k less expensive than the typical property.
More reading links
Schools Nearby
- 300mRibbon School
- 300mSt Joseph's Catholic Primary School, Murton
- 2.5kmSouth Hetton Primary
- 3.0kmSeaham High School
- 4.4kmEasington Academy
- 4.8kmHetton Academy
More reading links
Public Transport Nearby
Seaham station is the nearest stop to 3, Oak Terrace, Seaham at 3.7 kilometres away.
- 3.7kmSeaham
- 8.1kmHorden
- 9.9kmSunderland
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
