Feb 07, 2023 by HM

House prices in Seaton (CA14 1)

This article reveals price per square metre data and various charts to help you understand current housing market in Seaton (CA14 1).


Defining 'CA14 1'

This analysis is limited to properties whose postcode starts with "CA14 1", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Seaton is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 51, Greengarth, Seaton, Workington, sold for £75,000 on Feb-2024. Given the internal area of 96 square metres, the price per sqm is £781.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £1,350-£1,500, £1,500-£1,650, £1,650-£1,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 175 sales in Seaton (CA14 1) that took place in the last two years.

Distribution of £ per sqm for Seaton (CA14 1)
Distribution of £ per sqm house prices in Seaton

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Seaton (CA14 1). Of the 175 transactions, half were sold for between £1,300 and £2,350 per square metre. The median, or 'middle', price per square metre in 'CA14 1' is £1,910. Notably, only 25% of properties that sold recently were valued at more than £2,350m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Seaton

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Seaton. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Seaton
House price heatmap for Seaton

Comparison with neighbouring postcode sectors

The table below shows how 'CA14 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CA14 4 High Harrington £1,320m2 £2,060m2 £2,550m2
CA14 3 Workington £960m2 £1,260m2 £1,780m2
CA14 5 Harrington £1,070m2 £1,300m2 £1,820m2
CA14 2 Workington £830m2 £1,010m2 £1,220m2
CA14 1 Seaton £1,300m2 £1,910m2 £2,350m2

Will Seaton house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for CA14 1 (Seaton). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CA14 1 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Seaton (CA14 1) over time
House price trends for Seaton

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Seaton and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Seaton data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
Oak Drive, Seaton, CA14 1W 104m2 £2,300 15
Meadow Vale, Seaton, CA14 1S 80m2 £2,561 14
Whitestiles, Seaton, CA14 1L 95m2 £2,182 13
Main Road, Seaton, CA14 1H 117m2 £1,538 12
Mabel Wood Close, Seaton, CA14 1B 102m2 £2,075 12
Stainburn Road, Seaton, CA14 1S 115m2 £1,775 12
Low Seaton, Seaton, CA14 1P 101m2 £1,896 11
Causeway Road, Seaton, CA14 1P 90m2 £1,312 10

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Sycamore Drive, Seaton, CA14 1N 111m2 £2,183 18

Sycamore Drive, Seaton, CA14 1N has seen 18 new build sales in the last 4 years (average price £258,050). These new build homes typically have an internal area of 111 m2, with an average price of £2,183 m2. This £sqm average is £273 above the average for CA14 1. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Seaton is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
51, Greengarth, Seaton, Workington £75,000
Feb-2024
96 781
6, Derwent Ridge, Seaton, Workington £195,000
Jan-2024
86 2,267
76, Oak Drive, Seaton, Workington £184,000
Dec-2023
65 2,830

See the entire list of all sales in Seaton (CA14 1) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.