According to the public record, 12, Edgewood, Hexham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,163 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Edgewood, Hexham, NE46 is located within the NE46 postal district.
12, Edgewood, Hexham has 21 entries in the Land Registry database, most recently in February 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Edgewood Hexham as £304,016 and the rental value as £1,266 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 12 Edgewood Hexham has increased by £7,447 (2.4%) and its rental value has increased by £182 per month (14.4%).
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 12, Edgewood, Hexham is in very good condition we estimate a sale value of £319,216 and rental value of £1,329 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,734 and a rental value of £1,177 per month.
If you were able to purchase this property for the estimated value of £304,016, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,494 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, 12, Edgewood, Hexham was last sold on 12 Feb 2010 for £187,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2010, the market for similar properties has risen 33.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Edgewood, Hexham within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 5, Monks Meadows, Hexham, NE46 1LF, a Freehold house which sold for £315,000 in Nov 2023.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edgewood, Hexham, NE46 has a total of 22 addresses. According to our analysis of all the public data, 12, Edgewood, Hexham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in NE46.
The closest station to 12, Edgewood, Hexham is Hexham station which is 1.1 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 12, Edgewood, Hexham, 51.2% of property is privately owned outright and 43.4% 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 12, Edgewood, Hexham, 17.9% of residents are recorded as possessing school level qualifications and 47.2% 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 12, Edgewood, 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 12, Edgewood, 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 12, Edgewood, Hexham, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.