According to the public record, 12, Ridley Close, Hexham is a modern freehold house with 1,463 ft2 of internal area and sits on a 729 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ridley Close, Hexham, NE46 is located within the NE46 postal district.
12, Ridley Close, Hexham has 31 entries in the Land Registry database, most recently in June 2024 and a single entry in the EPC database dated August 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 12 Ridley Close Hexham as £442,777 and the rental value as £1,429 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 12 Ridley Close Hexham has increased by £4,923 (1.1%) and its rental value has increased by £184 per month (12.9%).
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, Ridley Close, Hexham is in very good condition we estimate a sale value of £464,915 and rental value of £1,500 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,782 and a rental value of £1,329 per month.
If you were able to purchase this property for the estimated value of £442,777, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,176 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, 12, Ridley Close, Hexham sits on a plot of 729m2.
We have plot size data on 9 out of 15 other houses in the postcode and 12, Ridley Close, Hexham sits on the largest plot.
According to HM Land Registry, 12, Ridley Close, Hexham was last sold on 14 Jun 2024 for £525,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2024, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Ridley Close, Hexham within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 8, Coulson Close, Hexham, NE46 2PR, a Freehold house which sold for £465,000 in Sep 2023.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridley Close, Hexham, NE46 has a total of 15 addresses. According to our analysis of all the public data, 12, Ridley Close, Hexham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in NE46.
12, Ridley Close, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Aug 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 12, Ridley Close, Hexham is Hexham station which is 1.8 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, Ridley Close, Hexham, 60.2% of property is privately owned outright and 33.8% 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, Ridley Close, Hexham, 18.4% of residents are recorded as possessing school level qualifications and 63.5% 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, Ridley Close, 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, Ridley Close, 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 12, Ridley Close, Hexham, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.