According to the public record, 10, Priestlands Drive, Hexham is a mid-century freehold house with 764 ft2 of internal area and sits on a 249 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Priestlands Drive, Hexham, NE46 is located within the NE46 postal district.
10, Priestlands Drive, Hexham has 41 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated November 2016.
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 10 Priestlands Drive Hexham as £167,048 and the rental value as £870 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 10 Priestlands Drive Hexham has increased by £5,661 (3.4%) and its rental value has increased by £134 per month (15.4%).
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 10, Priestlands Drive, Hexham is in very good condition we estimate a sale value of £175,401 and rental value of £913 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,355 and a rental value of £809 per month.
If you were able to purchase this property for the estimated value of £167,048, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £821 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, 10, Priestlands Drive, Hexham sits on a plot of 249m2.
We have plot size data on 22 out of 44 other houses in the postcode and 10, Priestlands Drive, Hexham sits on the 8th largest plot.
According to HM Land Registry, 10, Priestlands Drive, Hexham was last sold on 23 Oct 2020 for £155,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Oct 2020, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Priestlands Drive, Hexham within a radius of 660 metres over the last 2 years.
The most recent example is 29, Priestlands Close, Hexham, NE46 2AW, a Freehold house which sold for £165,000 in Mar 2023.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priestlands Drive, Hexham, NE46 has a total of 44 addresses. According to our analysis of all the public data, 10, Priestlands Drive, Hexham is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in NE46.
10, Priestlands Drive, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Nov 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 10, Priestlands Drive, Hexham is Hexham station which is 1.2 kilometres 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 10, Priestlands Drive, Hexham, 47.3% 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 10, Priestlands Drive, Hexham, 16.1% of residents are recorded as possessing school level qualifications and 54.7% 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 10, Priestlands Drive, 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 10, Priestlands Drive, Hexham, 1.7% 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 10, Priestlands Drive, Hexham, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.