According to the public record, 16, Abbey Court, Hexham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Abbey Court, Hexham, NE46 is located within the NE46 postal district.
16, Abbey Court, Hexham has 21 entries in the Land Registry database, most recently in April 2006 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 16 Abbey Court Hexham as £127,876 and the rental value as £704 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 16 Abbey Court Hexham has increased by £2,768 (2.2%) and its rental value has increased by £99 per month (14.0%).
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 16, Abbey Court, Hexham is in very good condition we estimate a sale value of £134,270 and rental value of £739 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,925 and a rental value of £654 per month.
If you were able to purchase this property for the estimated value of £127,876, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £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, 16, Abbey Court, Hexham was last sold on 28 Apr 2006 for £139,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 16, Abbey Court, Hexham within a radius of 660 metres over the last 2 years.
The most recent example is 2 The Granary, St. Marys Wynd, Hexham, NE46 1LW, a Leasehold flat which sold for £115,000 in Jul 2017.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbey Court, Hexham, NE46 has a total of 48 addresses. According to our analysis of all the public data, 16, Abbey Court, Hexham is the 47th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in NE46.
The closest station to 16, Abbey Court, Hexham is Hexham 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 16, Abbey Court, Hexham, 47.0% of property is privately owned outright and 25.2% is privately rented.
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 16, Abbey Court, Hexham, 6.7% of residents are recorded as possessing school level qualifications and 40.8% 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 16, Abbey Court, 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 16, Abbey Court, Hexham, 1.6% 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 16, Abbey Court, 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.