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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, 5, New Drive, Seaham is a mid-century house with 656 ft2 of internal area.
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, New Drive, Seaham is £126,523 and the estimated rental value is £876 per month.
New Drive, Seaham, SR7 is located within the SR7 postal district.
5, New Drive, Seaham has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
We combine this information with public data 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, New Drive, Seaham is in very good condition we estimate a sale value of £132,849 and a rental value of £920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,666 and a rental value of £815 per month.
Over the last 12 months the sale value of 5 New Drive Seaham has increased by an estimated £1,472 (1.2%) and its rental value has increased by an estimated £33 per month (3.7%), giving an expected gross yield of 8.3%.
5, New Drive, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, New Drive, Seaham within a radius of 610 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.
New Drive, Seaham, SR7 has a total of 13 addresses. According to our analysis of all the public data, 5, New Drive, Seaham is the 13th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in SR7.
The closest station to 5, New Drive, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, New Drive, Seaham, 35.2% of property is socially rented and 31.5% 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, New Drive, Seaham, 12.8% of residents are recorded as possessing school level qualifications and 24.5% 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, New Drive, 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, New Drive, 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, New Drive, Seaham, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
