Seaside Lane in Easington Colliery, Peterlee, SR8 3PG, is a residential area comprising 16 addresses, including 13 houses and 3 flats, with an average house value of £54,402
. The properties, predominantly period houses built between 1800 and 1911, have seen a recent increase in sales and rental values by 3.9% and 6.5%, respectively, offering rental yields between 7.2% and 11.3%
. The area is characterized by a mix of privately rented (40.6%) and privately owned (31.3%) properties, with an average resident age of 43 years
. Despite its residential nature, Seaside Lane also hosts commercial activities, including a post office providing various services and a retail unit with high footfall
. The closest railway station is Horden, located 3.4 km away, and the area benefits from very low flood risk, although it suffers from poor internet coverage
