According to the public record, 10, South Gables, Hexham is a modern freehold house with 1,550 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
South Gables, Haydon Bridge, Hexham, NE47 is located within the NE47 postal district.
10, South Gables, Hexham has a single entry in the Land Registry database from February 2023 and a single entry in the EPC database dated August 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 10 South Gables Hexham as £331,251 and the rental value as £1,156 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 10 South Gables Hexham has increased by £2,862 (0.9%) and its rental value has increased by £135 per month (11.7%).
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, South Gables, Hexham is in very good condition we estimate a sale value of £347,813 and rental value of £1,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,063 and a rental value of £1,075 per month.
If you were able to purchase this property for the estimated value of £331,251, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,628 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 HM Land Registry, 10, South Gables, Hexham was last sold on 20 Feb 2023 for £326,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, South Gables, Hexham within a radius of 6.8 kilometres over the last 2 years.
The most recent example is 21, Innerhaugh Mews, Hexham, NE47 6DE, a Leasehold house which sold for £287,500 in Mar 2023.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Gables, Haydon Bridge, Hexham, NE47 has a total of 19 addresses. According to our analysis of all the public data, 10, South Gables, Hexham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in NE47.
10, South Gables, Hexham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and radiators.
The closest station to 10, South Gables, Hexham is Haydon Bridge station which is 400 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 10, South Gables, Hexham, 37.0% of property is privately owned outright and 28.3% 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, South Gables, Hexham, 19.7% of residents are recorded as possessing school level qualifications and 37.3% 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, South Gables, 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, South Gables, Hexham, 1.0% 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 10, South Gables, Hexham, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.