41, MELROSE CRESCENT, SEAHAM, SR7 0JZ - £80,000

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.

41 MELROSE CRESCENT is a small semi-detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £113,253. It was last sold for £80,000 in July 2015, which was around 17% below the average July 2015 semi-detached price in the County Durham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

41 MELROSE CRESCENT Sold Prices

Land registry data shows three sales for 41 MELROSE CRESCENT 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 41 MELROSE CRESCENT sales were for below 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
2015 7 JUL	£80,000	£96,181	17% below HPI
2007 16 NOV	£113,000	£115,983	3% below HPI
2005 18 MAR	£82,000	£94,856	14% below HPI

41 MELROSE CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 41 MELROSE CRESCENT sales between March 2005 and July 2015 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 November 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2015 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 41 MELROSE CRESCENT be worth now?

41 MELROSE CRESCENT might now be worth an estimated £113,253.

This is based on house price inflation of 41.6%, between July 2015 and February 2025, 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 41.6% inflationary increase is applied to the most recent sale price for 41 MELROSE CRESCENT of £80,000 on 7th July 2015. For the value to have increased from £80,000 to £113,253 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 41 MELROSE CRESCENT has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The July 2015 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 41 MELROSE CRESCENT has not materially changed since July 2015.

How Large is 41 MELROSE CRESCENT?

41 MELROSE CRESCENT is 87m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 30% of semi-detached houses houses in Seaham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Seaham, and where 41 MELROSE CRESCENT lies on this distribution: 22% of semi-detached houses houses are smaller than 41 MELROSE CRESCENT, and 76% of houses are larger. Note that EPC data is not available for all properties in Seaham.

41 MELROSE CRESCENT: Plot and Title Map

41 MELROSE CRESCENT sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 41 MELROSE 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 41 MELROSE 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 41 MELROSE CRESCENT?

41 MELROSE CRESCENT is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 41 on MELROSE CRESCENT.