Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 64, Derwent Close, Seaham is a mid-century leasehold apartment with 581 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 64, Derwent Close, Seaham is £53,648 and the estimated rental value is £486 per month.
Derwent Close, Seaham, SR7 is located within the SR7 postal district.
64, Derwent Close, Seaham has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated June 2016.
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 64, Derwent Close, Seaham is in very good condition we estimate a sale value of £56,331 and a rental value of £510 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £49,893 and a rental value of £452 per month.
Over the last 12 months the sale value of 64 Derwent Close Seaham has decreased by an estimated £202 (0.4%) and its rental value has increased by an estimated £11 per month (2.2%), giving an expected gross yield of 10.9%.
64, Derwent Close, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jun 2016.
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, 64, Derwent Close, Seaham was last sold on 20th July 2021 for £49,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2021, the market for similar properties has risen 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 64, Derwent Close, Seaham within a radius of 590 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.
Derwent Close, Seaham, SR7 has a total of 128 addresses. According to our analysis of all the public data, 64, Derwent Close, Seaham is the 90th largest and the 100th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in SR7.
The closest station to 64, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 64, Derwent Close, 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 64, Derwent Close, 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 64, 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 64, 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 64, Derwent Close, 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.
