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According to the public record, 8, Lyster Close, Seaham is a modern freehold house with 861 ft2 of internal area and sits on a 261 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Lyster Close, Seaham is £209,901 and the estimated rental value is £1,213 per month.
Lyster Close, Seaham, SR7 is located within the SR7 postal district.
8, Lyster Close, Seaham has a single entry in the Land Registry from July 2014 and a single entry in the EPC database dated September 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 8, Lyster Close, Seaham is in very good condition we estimate a sale value of £220,396 and a rental value of £1,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,207 and a rental value of £1,128 per month.
Over the last 12 months the sale value of 8 Lyster Close Seaham has increased by an estimated £2,479 (1.2%) and its rental value has increased by an estimated £43 per month (3.6%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 8, Lyster Close, Seaham sits on a plot of 261m2.
We have plot size data on 29 out of 29 other houses in the postcode and 8, Lyster Close, Seaham sits on the 21st largest plot.
8, Lyster Close, Seaham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Sep 2013.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Lyster Close, Seaham was last sold on 4th July 2014 for £137,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2014, the market for similar properties has dropped 35.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lyster Close, Seaham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 1, Blaykeston Close, Seaham, SR7 0PJ, a freehold house which sold for £190,000 on the 29th June 2023.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lyster Close, Seaham, SR7 has a total of 29 addresses. According to our analysis of all the public data, 8, Lyster Close, Seaham is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in SR7.
The closest station to 8, Lyster Close, Seaham is Seaham station which is 2.3 kilometres 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 8, Lyster Close, Seaham, 66.4% of property is privately owned outright and 30.7% 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 8, Lyster Close, Seaham, 11.8% of residents are recorded as possessing school level qualifications and 33.9% 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 8, Lyster Close, 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 8, Lyster Close, Seaham, 2.2% 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 8, Lyster Close, Seaham, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.