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18A, Frederick Street, Seaham is described in the public record as a period apartment with 785 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 18A, Frederick Street, Seaham is £43,765 and its rental estimate is £350 per month, given the available information and assuming reasonable condition.
18, Frederick Street is a residential building on Frederick Street, Seaham, SR7 and falls within the SR7 postal district.
18A, Frederick Street, Seaham has no records in the the Land Registry and a single entry in the EPC database dated October 2018.
We combine this information with public data 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 18A, Frederick Street, Seaham, we estimate a market value of £45,953 and a rental value of £367 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £40,702 and £325 per month respectively.
Over the last year, 18A, Frederick Street, Seaham has seen its estimated sale value decline by £398 (0.9%) and its estimated rental value climb by £6 per month (1.6%). This results in an estimated gross rental yield of 9.6%.
18A, Frederick Street, Seaham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2018.
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 18A, Frederick Street, Seaham have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2023, was 17A, Frederick Street, Seaham, SR7 7HX, a leasehold flat which sold for £39,000.
Read more about house prices in SR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 53 addresses on Frederick Street, Seaham, SR7, 18A, Frederick Street, Seaham comes out as the 29th largest and the 29th most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the SR7 district.
From 18A, Frederick 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 18A, Frederick Street, Seaham, 29.2% of property is privately owned outright and 24.6% is socially rented.
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 18A, Frederick Street, Seaham, 18.9% of residents are recorded as possessing school level qualifications and 15.3% 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 18A, Frederick 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 18A, Frederick Street, 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 18A, Frederick Street, Seaham, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.