4, CAISTER CLOSE, SEAHAM, SR7 7WP - £124,000

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.

4 CAISTER CLOSE is a very small semi-detached house of 60m², built sometime from 2007 onwards, which could now be worth an estimated £174,007. It was last sold for £124,000 in January 2011, which was around 26% above the average January 2011 semi-detached price in the County Durham local authority area. The most recent EPC inspection was April 2010, where the current energy rating was B, and the potential energy rating was B.

4 CAISTER CLOSE Sold Prices

Land registry data shows three sales for 4 CAISTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 4 CAISTER CLOSE 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
2011 31 JAN	£124,000	£98,331	26% above HPI
2007 21 SEP	£124,995	£115,680	8% above HPI
2007 21 SEP	£140,000	£115,680	21% above HPI

What might 4 CAISTER CLOSE be worth now?

4 CAISTER CLOSE might now be worth an estimated £174,007.

This is based on house price inflation of 40.3%, between January 2011 and May 2026, for semi-detached 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 40.3% inflationary increase is applied to the most recent sale price for 4 CAISTER CLOSE of £124,000 on 31st January 2011. For the value to have increased from £124,000 to £174,007 over the fourteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 4 CAISTER CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The January 2011 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CAISTER CLOSE has not materially changed since January 2011.

How Large is 4 CAISTER CLOSE?

4 CAISTER CLOSE is 60m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of semi-detached houses in Seaham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Seaham, and where 4 CAISTER CLOSE lies on this distribution: 7% of semi-detached houses are smaller than 4 CAISTER CLOSE, and 92% of semi-detached houses are larger. Note that EPC data is not available for all properties in Seaham.

4 CAISTER CLOSE: Plot

4 CAISTER CLOSE sits on a plot of roughly 0.050 of an acre, or 204m².

Where is 4 CAISTER CLOSE?

4 CAISTER CLOSE is located in SEAHAM, in the SR7 postcode district.