According to the public record, 20, Hedley Road, Wylam is a mid-century freehold house with 764 ft2 of internal area and sits on a 285 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hedley Road, Wylam, NE41 is located within the NE41 postal district.
20, Hedley Road, Wylam has a single entry in the Land Registry database from May 2018 and a single entry in the EPC database dated September 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 20 Hedley Road Wylam as £190,297 and the rental value as £998 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 20 Hedley Road Wylam has increased by £1,552 (0.8%) and its rental value has increased by £72 per month (7.2%).
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 20, Hedley Road, Wylam is in very good condition we estimate a sale value of £199,811 and rental value of £1,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,976 and a rental value of £928 per month.
If you were able to purchase this property for the estimated value of £190,297, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £935 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, 20, Hedley Road, Wylam sits on a plot of 285m2.
We have plot size data on 6 out of 11 other houses in the postcode and 20, Hedley Road, Wylam sits on the 2nd largest plot.
According to HM Land Registry, 20, Hedley Road, Wylam was last sold on 04 May 2018 for £157,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 22.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Hedley Road, Wylam within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 7, Jackson Road, Wylam, NE41 8EL, a Freehold house which sold for £108,000 in Aug 2015.
Read more about house prices in NE41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hedley Road, Wylam, NE41 has a total of 21 addresses. According to our analysis of all the public data, 20, Hedley Road, Wylam is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in NE41.
20, Hedley Road, Wylam has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Sep 2017.
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 20, Hedley Road, Wylam is Wylam 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 20, Hedley Road, Wylam, 34.7% of property is socially rented and 32.0% 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 20, Hedley Road, Wylam, 23.5% of residents are recorded as possessing school level qualifications and 35.9% 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 20, Hedley Road, Wylam, the average age was 47 and the most common age was 52.
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 20, Hedley Road, Wylam, 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 20, Hedley Road, Wylam, 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.