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According to the public record, 5, Vane Terrace, Seaham is a period leasehold apartment with 688 ft2 of internal area.
Apartments 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, Vane Terrace, Seaham is £52,521 and the estimated rental value is £472 per month.
The apartment is within 5, Vane Terrace, Seaham, SR7.
Vane Terrace, Seaham, SR7 is located within the SR7 postal district.
5, Vane Terrace, Seaham has 21 entries in the Land Registry , most recently in January 2007 and a single entry in the EPC database dated July 2021.
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 5, Vane Terrace, Seaham is in very good condition we estimate a sale value of £55,147 and a rental value of £496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £48,845 and a rental value of £439 per month.
Over the last 12 months the sale value of 5 Vane Terrace Seaham has increased by an estimated £208 (0.4%) and its rental value has increased by an estimated £15 per month (3.1%), giving an expected gross yield of 10.8%.
5, Vane Terrace, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2021.
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, 5, Vane Terrace, Seaham was last sold on 5th January 2007 for £56,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2007, the market for similar properties has risen 20.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 5, Vane Terrace, Seaham within a radius of 670 metres over the last 2 years.
The most recent example is 44, Harbour Walk, Seaham, SR7 7DU, a leasehold flat which sold for £53,000 on the 30th May 2018.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vane Terrace, Seaham, SR7 has a total of 16 addresses. According to our analysis of all the public data, 5, Vane Terrace, Seaham is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in SR7.
The closest station to 5, Vane Terrace, Seaham is Seaham station which is 400 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, Vane Terrace, Seaham, 30.4% of property is privately rented and 29.7% is socially 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 5, Vane Terrace, Seaham, 14.9% of residents are recorded as possessing school level qualifications and 19.5% 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, Vane Terrace, 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, Vane Terrace, Seaham, 0.4% 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, Vane Terrace, Seaham, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
