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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, 31, Federation Square, Seaham is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Federation Square, Seaham is £39,289 and the estimated rental value is £330 per month.
Federation Square, Murton, Seaham, SR7 is located within the SR7 postal district.
31, Federation Square, Seaham has 41 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated December 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 31, Federation Square, Seaham is in very good condition we estimate a sale value of £41,253 and a rental value of £346 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £36,539 and a rental value of £307 per month.
Over the last 12 months the sale value of 31 Federation Square Seaham has decreased by an estimated £357 (0.9%) and its rental value has increased by an estimated £5 per month (1.6%), giving an expected gross yield of 10.1%.
31, Federation Square, Seaham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 31, Federation Square, Seaham was last sold on 4th September 2015 for £34,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since September 2015, the market for similar properties has dropped 21.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 31, Federation Square, Seaham within a radius of 690 metres over the last 2 years.
The most recent example is 13A, Western Terrace South, Seaham, SR7 9BA, a leasehold flat which sold for £42,500 on the 16th November 2009.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Federation Square, Murton, Seaham, SR7 has a total of 31 addresses. According to our analysis of all the public data, 31, Federation Square, Seaham is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in SR7.
The closest station to 31, Federation Square, Seaham is Seaham station which is 3.8 kilometres 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 31, Federation Square, Seaham, 47.5% of property is privately owned outright and 25.4% is privately rented.
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 31, Federation Square, Seaham, 9.5% of residents are recorded as possessing school level qualifications and 15.0% 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 31, Federation Square, Seaham, the average age was 41.9 and the most common age was 57.
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 31, Federation Square, Seaham, 1.2% 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 31, Federation Square, Seaham, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
