8, Grasmere Terrace
8, Grasmere Terrace
Description & Estimates
8, Grasmere Terrace, Seaham is recorded publicly as a mid-century freehold house across 871 ft2 of internal area, sitting on a 277 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Grasmere Terrace, Seaham is £149,666 and its rental estimate is £780 per month, given the available information and assuming reasonable condition.
Grasmere Terrace, Murton, Seaham, SR7 falls within the SR7 postal district.
Our Data Sources
8, Grasmere Terrace, Seaham has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated April 2022.
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.
Price Range & Condition
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 8, Grasmere Terrace, Seaham, we estimate a market value of £157,149 and a rental value of £819 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £139,190 and £726 per month respectively.
Recent Market Change
Over the last year, 8, Grasmere Terrace, Seaham has seen its estimated sale value move up by £929 (0.6%) and its estimated rental value increase by £24 per month (3.1%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 8, Grasmere Terrace, Seaham as measuring 277 m2.
That makes it the 9th largest plot in the postcode, where 12 of the 13 other houses have recorded plot data.
Energy Efficiency
8, Grasmere Terrace, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Grasmere Terrace, Seaham completed on 4th November 2022 at £157,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.8% over the period since November 2022.
- Sold Nov 2022£157,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Grasmere Terrace, Seaham have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th January 2025, was 4, Empire Terrace, Seaham, SR7 9DW, a freehold house which sold for £155,000.
Read more about house prices in SR7.
- Sold Jan 2025£155,000 | 3 Bed House4, Empire Terrace, Seaham, SR7 9DW4, Empire Terrace, Seaham, SR7 9DW
- Sold Jul 2024£125,000 | 3 Bed House29, Fairfield Grove, Seaham, SR7 9NB29, Fairfield Grove, Seaham, SR7 9NB
- Sold Feb 2019£125,000 | 3 Bed House17, Fairfield Grove, Seaham, SR7 9NB17, Fairfield Grove, Seaham, SR7 9NB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 23 addresses on Grasmere Terrace, Murton, Seaham, SR7, 8, Grasmere Terrace, Seaham comes out as the 11th largest and the 4th most expensive in our analysis of the public data.
It is also £27k more expensive than the average property across the SR7 district.
More reading links
Schools Nearby
- 500mRibbon School
- 500mSt Joseph's Catholic Primary School, Murton
- 2.5kmSouth Hetton Primary
- 3.1kmSeaham High School
- 4.1kmEasington Academy
- 5.0kmHetton Academy
More reading links
Public Transport Nearby
From 8, Grasmere Terrace, Seaham, the nearest station is Seaham, 3.7 kilometres away.
- 3.7kmSeaham
- 7.9kmHorden
- 10.1kmSunderland
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
