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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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8, Shakespeare Street, Seaham is recorded publicly as a mid-century freehold house across 914 ft2 of internal area, sitting on a 207 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Shakespeare Street, Seaham is £130,892 and its rental estimate is £802 per month, given the available information and assuming reasonable condition.
Shakespeare Street, Seaham, SR7 falls within the SR7 postal district.
8, Shakespeare Street, Seaham has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated October 2023.
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.
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, Shakespeare Street, Seaham, we estimate a market value of £137,437 and a rental value of £842 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £121,730 and £745 per month respectively.
Over the last year, 8, Shakespeare Street, Seaham has seen its estimated sale value rise by £812 (0.6%) and its estimated rental value move up by £25 per month (3.1%). This results in an estimated gross rental yield of 7.3%.
HM Land Registry records the plot of land for 8, Shakespeare Street, Seaham as measuring 207 m2.
That makes it the 2nd largest plot in the postcode, where 8 of the 15 other houses have recorded plot data.
8, Shakespeare Street, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 8, Shakespeare Street, Seaham completed on 9th February 2024 at £127,000 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 dropped by 16.4% over the period since February 2024.
Over the past 2 years 3 properties similar to 8, Shakespeare Street, Seaham have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st July 2024, was 1, Shelley Street, Seaham, SR7 7JD, a freehold house which sold for £125,000.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on Shakespeare Street, Seaham, SR7, 8, Shakespeare Street, Seaham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £8k more expensive than the average property across the SR7 district.
From 8, Shakespeare Street, Seaham, the nearest station is Seaham, 500 metres 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 8, Shakespeare Street, Seaham, 29.2% of property is privately owned outright and 26.2% 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 8, Shakespeare Street, Seaham, 16.1% of residents are recorded as possessing school level qualifications and 25.9% 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, Shakespeare Street, 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 8, Shakespeare Street, Seaham, 0.3% 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, Shakespeare Street, 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.
