23, MARINERS WAY, SEAHAM, SR7 7EB - £77,000

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.

23 MARINERS WAY is a small flat of 52m², built in 2011, which could now be worth an estimated £94,478. It was last sold for £77,000 in May 2017, which was around 23% above the average May 2017 flat price in the County Durham local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

23 MARINERS WAY Sold Prices

Land registry data shows two sales for 23 MARINERS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the County Durham local authority area for the corresponding sale date. Both of the two 23 MARINERS WAY 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
2017 26 MAY	£77,000	£62,604	23% above HPI
2012 14 DEC	£76,965	£64,626	19% above HPI

What might 23 MARINERS WAY be worth now?

23 MARINERS WAY might now be worth an estimated £94,478.

This is based on house price inflation of 22.7%, between May 2017 and May 2026, for flats, 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 22.7% inflationary increase is applied to the most recent sale price for 23 MARINERS WAY of £77,000 on 26th May 2017. For the value to have increased from £77,000 to £94,478 over the nine years to May 2026, the following assumptions must hold true:

• The value of 23 MARINERS WAY has moved in line with the HPI for flats in the County Durham local authority area.
• The May 2017 sale price of £77,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MARINERS WAY has not materially changed since May 2017.

How Large is 23 MARINERS WAY?

23 MARINERS WAY is 52m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of flats in Seaham, based on EPC data. 22% of flats are smaller than 23 MARINERS WAY, and 71% of flats are larger. Note that EPC data is not available for all properties in Seaham.

23 MARINERS WAY: Plot

23 MARINERS WAY sits on a plot of roughly 0.857 of an acre, or 3,467m².

Where is 23 MARINERS WAY?

23 MARINERS WAY is located in SEAHAM, in the SR7 postcode district.