3, SPRINGFIELD CRESCENT, SEAHAM, SR7 7SU - £485,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SPRINGFIELD CRESCENT is a very large extended terraced house of 183m², built sometime between 1900 and 1929, which could now be worth an estimated £524,762. It was last sold for £485,000 in August 2024, which was around 358% above the average August 2024 terraced price in the County Durham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

3 SPRINGFIELD CRESCENT Sold Prices

Land registry data shows two sales for 3 SPRINGFIELD CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 3 SPRINGFIELD CRESCENT sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 9 AUG	£485,000	£105,887	358% above HPI
2012 24 AUG	£226,000	£79,700	184% above HPI

3 SPRINGFIELD CRESCENT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 3 SPRINGFIELD CRESCENT sales from August 2012 and August 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2012 sale was for 184% above the HPI. So the extrapolation line tracks at 184% above the HPI over time, until the August 2024 sale, where it rises to 358% above the HPI. The line then continues to track at 358% above the HPI.

What might 3 SPRINGFIELD CRESCENT be worth now?

3 SPRINGFIELD CRESCENT might now be worth an estimated £524,762.

This is based on house price inflation of 8.2%, between August 2024 and April 2026, for terraced houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.2% inflationary increase is applied to the most recent sale price for 3 SPRINGFIELD CRESCENT of £485,000 on 9th August 2024. For the value to have increased from £485,000 to £524,762 over the two years and four months to April 2026, the following assumptions must hold true:

• The value of 3 SPRINGFIELD CRESCENT has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The August 2024 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGFIELD CRESCENT has not materially changed since August 2024.

How Large is 3 SPRINGFIELD CRESCENT?

3 SPRINGFIELD CRESCENT is 183m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of terraced houses houses in Seaham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Seaham, and where 3 SPRINGFIELD CRESCENT lies on this distribution: 92% of terraced houses houses are smaller than 3 SPRINGFIELD CRESCENT, and 8% of houses are larger. Note that EPC data is not available for all properties in Seaham.

3 SPRINGFIELD CRESCENT: Plot and Title Map

3 SPRINGFIELD CRESCENT sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 3 SPRINGFIELD CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 SPRINGFIELD CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 SPRINGFIELD CRESCENT?

3 SPRINGFIELD CRESCENT is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 3 on SPRINGFIELD CRESCENT.