According to the public record, 18, Springfield Road, Hexham is a mid-century freehold house and with 624 ft2 of internal area and sits on a 164 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Springfield Road, Hexham, NE46 is located within the NE46 postal district.
18, Springfield Road, Hexham has 31 entries in the Land Registry database, most recently in February 2008 and no records in the EPC database.
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 18 Springfield Road Hexham as £112,645 and the rental value as £604 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 18 Springfield Road Hexham has increased by £3,818 (3.4%) and its rental value has increased by £93 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 18, Springfield Road, Hexham is in very good condition we estimate a sale value of £118,277 and rental value of £634 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,760 and a rental value of £562 per month.
If you were able to purchase this property for the estimated value of £112,645, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £554 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, 18, Springfield Road, Hexham sits on a plot of 164m2.
We have plot size data on 8 out of 13 other houses in the postcode and 18, Springfield Road, Hexham sits on the 2nd largest plot.
According to HM Land Registry, 18, Springfield Road, Hexham was last sold on 25 Feb 2008 for £102,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2008, the market for similar properties has risen 19.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Springfield Road, Hexham within a radius of 242m over the last 2 years.
The most recent example is 10, Radcliffe Road, Hexham, NE46 1JF, a Leasehold house which sold for £125,000 in Aug 2022.
Read more about house prices in NE46.
Springfield Road, Hexham, NE46 has a total of 24 addresses. According to our analysis of all the public data, 18, Springfield Road, Hexham is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in NE46.
18, Springfield Road, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2024.
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 18, Springfield Road, Hexham is Hexham station which is 800 m 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 18, Springfield Road, Hexham, 48.5% of property is socially rented and 22.3% is privately owned outright.
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 18, Springfield Road, Hexham, 16.0% of residents are recorded as possessing school level qualifications and 15.5% 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 18, Springfield Road, 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 18, Springfield Road, 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 18, Springfield Road, Hexham, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.