MELBOURNE HOUSE, QUEEN STREET, SEAHAM, SR7 7SR - £380,000

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.

MELBOURNE HOUSE is a very large detached house of 211m², built sometime between 1900 and 1929, which could now be worth an estimated £445,969. It was last sold for £380,000 in July 2021, which was around 89% above the average July 2021 detached price in the County Durham local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

MELBOURNE HOUSE Sold Prices

Land registry data shows two sales for MELBOURNE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two MELBOURNE HOUSE 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
2021 30 JUL	£380,000	£201,230	89% above HPI
1999 28 SEP	£83,000	£79,281	5% above HPI

MELBOURNE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two MELBOURNE HOUSE sales from September 1999 and July 2021 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 September 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2021 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might MELBOURNE HOUSE be worth now?

MELBOURNE HOUSE might now be worth an estimated £445,969.

This is based on house price inflation of 17.4%, between July 2021 and February 2025, for 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 17.4% inflationary increase is applied to the most recent sale price for MELBOURNE HOUSE of £380,000 on 30th July 2021. For the value to have increased from £380,000 to £445,969 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of MELBOURNE HOUSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of MELBOURNE HOUSE has not materially changed since July 2021.

How Large is MELBOURNE HOUSE?

MELBOURNE HOUSE is 211m² according to the EPC inspection conducted in September 2011. This puts it in the largest 10% of detached houses houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaham, and where MELBOURNE HOUSE lies on this distribution: 94% of detached houses houses are smaller than MELBOURNE HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Seaham.

MELBOURNE HOUSE: Plot and Title Map

MELBOURNE HOUSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of MELBOURNE HOUSE, 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 MELBOURNE HOUSE). 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 MELBOURNE HOUSE?

MELBOURNE HOUSE is located on QUEEN STREET in SEAHAM, in the SR7 postcode district. The below map shows the position of MELBOURNE HOUSE on QUEEN STREET.