According to the public record, 1, Wanless Lane, Hexham is a early-century freehold house with 1,937 ft2 of internal area and sits on a 289 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Wanless Lane, Hexham, NE46 is located within the NE46 postal district.
1, Wanless Lane, Hexham has a single entry in the Land Registry database from September 2017 and a single entry in the EPC database dated January 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Wanless Lane Hexham as £213,142 and the rental value as £957 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 1 Wanless Lane Hexham has increased by £720 (0.3%) and its rental value has increased by £115 per month (12.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Wanless Lane, Hexham is in very good condition we estimate a sale value of £223,799 and rental value of £1,005 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,222 and a rental value of £890 per month.
If you were able to purchase this property for the estimated value of £213,142, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,048 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Wanless Lane, Hexham sits on a plot of 289m2.
We have plot size data on 3 out of 5 other houses in the postcode and 1, Wanless Lane, Hexham sits on the largest plot.
According to HM Land Registry, 1, Wanless Lane, Hexham was last sold on 29 Sep 2017 for £167,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2017, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 660 metres radius of 1, Wanless Lane, Hexham over the last 2 years.
The most recent example is 47, Allen Drive, Hexham, NE46 1BX, a Freehold house which sold for £137,500 in Oct 2022.
Read more about house prices in NE46.
Wanless Lane, Hexham, NE46 has a total of 15 addresses. According to our analysis of all the public data, 1, Wanless Lane, Hexham is the largest and the 9th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in NE46.
1, Wanless Lane, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 1, Wanless Lane, Hexham is Hexham station which is 700 metres 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 1, Wanless Lane, Hexham, 50.0% of property is socially rented and 20.2% is privately owned outright.
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 1, Wanless Lane, Hexham, 13.2% of residents are recorded as possessing school level qualifications and 17.9% 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 1, Wanless Lane, Hexham, the average age was 47.7 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 1, Wanless Lane, Hexham, 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 1, Wanless Lane, Hexham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.