NE47 7EQ is a residential postcode located on Tow House, Hexham, NE47. It is the 1317th largest postcode in the NE47 area.
It contains 14 houses and the most common type of property is a period house built between 1800 and 1911.
The average house value is £264,688. Sales values have increased in the last 12 months by 1.6% and Rental values have increased by 10.0%.
Property sale values range from £207,559 for a freehold house, with 3 bedrooms split across 1,270 square feet of gross internal area and has a garden to £519,443 for a freehold house, with 5 bedrooms split across 2,367 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE47 7EQ is £230/ft2.
Properties achieve a rental yield of between 3.5% and 5.4%, and rental values range from £880 to £1,512 per month.
The last sale was 28 Sep 2021 for £245,000 and since then the market in the area as increased by 10.7%. The postcode has had a total of 4 sales since 1995.
NE47 7EQ has seen 1 sale in the last three years and no sales in the last twelve months.
NE47 7EQ is the 1317th largest and the 754th most expensive postcode out of the 1,539 postcodes in the NE47 area.
NE47 7EQ is a residential postcode located on Tow House, Hexham, NE47 with 14 houses within its bounds.
The most common property type in NE47 7EQ is a period house built between 1800 and 1911.
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to NE47 7EQ is Bardon Mill station which is 1.2 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE47 7EQ, 46.7% of property is privately owned outright and 27.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE47 7EQ, 13.9% of residents are recorded as possessing school level qualifications and 44.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE47 7EQ, the average age was 48.3 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE47 7EQ, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE47 7EQ, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.