Seaham

Area Guide For Seaham

Seaham, in the past Seaham Harbor, is a residential community in County Durham, arranged 6 miles south of Sunderland and 13 miles east of Durham. It has a little area church, St Mary the Virgin, with a late seventh century Anglo Saxon nave looking like the congregation at Escomb in numerous regards. St Mary the Virgin is one of the 20 most established surviving temples in the UK. Seaham is right now twinned with the German town of Gerlingen.

 
 

Seaham Map

Estimated Price: £108,277
Average Asking Price: £134,893
Price change in last one year: £6,968
Average Price Paid: £110,426
Average Rent Rates: £2,002

 
 

Property Prices Breakdown in Seaham

Average Price for property in Seaham is around £108,277 which varies based on type of property you are interested in and ranges from £192,272 for detached house to around £106,506 for semi-detached. Similarly terraced house is around £75,211 and a flat is worth £87,495. Values have been changing and have risen £1,768 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,571 in last 6 months, £6,968 in last 1 year, £1,559 in last 2 years, £147 in last 3 years, £116 in last 4 years and £4,640 in last 5 years.

Currently average asking price of a property in Seaham is around £134,893 based on approximately 291 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £2,002 per month.

Estimated property value in Seaham is £108,277. Average asking price is £134,893 while average price paid is £107,602 which is up by £6,968 and Avg. asking rent £2,002.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Seaham area. In last 1 year alone average price buyer paid is around £107,602 based on approximately 291 sales in Seaham area alone. If you compare it to last 3 years sales of 981 properties where buyers paid around £108,446. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £110,426 for 1,585 and average amount paid for purchase of approx. 2,260 properties sold in last 7 years comes to about £112,490 per sale.

 
 

Properties For Sale in Seaham

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £135,907, £82,980 for a 2 bedroom house, £118,415 for a 3 bedroom house, £208,536 for a 4 bedroom house and £307,496 for a 5 bedroom house. For a flat similarly the prices varies from £64,950 for a single bedroom to £79,729 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £110,000 and £120,000 for a 5 bedroom flat. To sum up the asking prices for properties in Seaham it comes to around average £120,139 for 1 bedroom property, £82,612 for 2 bedroom, £118,415 for 3 bedroom, £206,677 for 4 bedroom and £293,073 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £442 for 1 bedroom to £403 for 2 bedrooms, £437 for 3 bedrooms, £720 for 4 bedrooms and £368 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £381. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £456 and £412 for 3 bedroom. You should be generally be expecting around average £412 rent per month for single bedroom property, £407 for 2 bedroom, £434 for 3 bedroom, £720 for 4 bedroom and approximately £368 for a 5 bedroom property in Seaham area.

Popular Houses in Seaham

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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