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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
According to the public record, 5, Derwent Close, Seaham is a mid-century freehold house with 667 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Derwent Close, Seaham is £115,382 and the estimated rental value is £856 per month.
Derwent Close, Seaham, SR7 is located within the SR7 postal district.
5, Derwent Close, Seaham has 2 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated April 2014.
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 5, Derwent Close, Seaham is in very good condition we estimate a sale value of £121,151 and a rental value of £899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,305 and a rental value of £796 per month.
Over the last 12 months the sale value of 5 Derwent Close Seaham has increased by an estimated £1,342 (1.2%) and its rental value has increased by an estimated £32 per month (3.7%), giving an expected gross yield of 8.9%.
According to data from HM Land Registry, 5, Derwent Close, Seaham sits on a plot of 248m2.
We have plot size data on 45 out of 48 other houses in the postcode and 5, Derwent Close, Seaham sits on the 3rd largest plot.
5, Derwent Close, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Derwent Close, Seaham was last sold on 22nd August 2018 for £100,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2018, the market for similar properties has dropped 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Derwent Close, Seaham within a radius of 600 metres over the last 2 years.
The most recent example is 87, Derwent Close, Seaham, SR7 7BT, a freehold house which sold for £120,000 on the 22nd November 2024.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Close, Seaham, SR7 has a total of 128 addresses. According to our analysis of all the public data, 5, Derwent Close, Seaham is the 55th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in SR7.
The closest station to 5, Derwent Close, Seaham is Seaham station which is 500 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Derwent Close, Seaham, 33.1% of property is privately owned outright and 32.3% 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 5, Derwent Close, Seaham, 15.7% of residents are recorded as possessing school level qualifications and 22.4% 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 5, Derwent 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 5, Derwent Close, 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 5, Derwent Close, 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.
