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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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50, Wells Crescent, Seaham is described in the public record as an early-century house with 516 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 50, Wells Crescent, Seaham is £75,916 and its rental estimate is £579 per month, given the available information and assuming reasonable condition.
Wells Crescent, Seaham, SR7 falls within the SR7 postal district.
50, Wells Crescent, Seaham has no records in the the Land Registry and a single entry in the EPC database dated May 2016.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 50, Wells Crescent, Seaham, we estimate a market value of £79,712 and a rental value of £608 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £70,602 and £538 per month respectively.
Over the last year, 50, Wells Crescent, Seaham has seen its estimated sale value grow by £469 (0.6%) and its estimated rental value climb by £18 per month (3.1%). This results in an estimated gross rental yield of 9.2%.
50, Wells Crescent, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 50, Wells Crescent, Seaham have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2020, was 21, Wedgewood Road, Seaham, SR7 8JL, a freehold house which sold for £38,500.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 67 addresses on Wells Crescent, Seaham, SR7, 50, Wells Crescent, Seaham comes out as the 24th largest and the 34th most expensive in our analysis of the public data.
It is also £47k less expensive than the average property across the SR7 district.
From 50, Wells Crescent, Seaham, the nearest station is Seaham, 1.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 50, Wells Crescent, Seaham, 50.0% of property is socially rented and 24.2% 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 50, Wells Crescent, Seaham, 14.5% of residents are recorded as possessing school level qualifications and 14.4% 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 50, Wells Crescent, Seaham, the average age was 43.9 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 50, Wells Crescent, 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 50, Wells Crescent, Seaham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
