According to the public record, 24, Ratcliffe Road, Hexham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,487 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Ratcliffe Road, Haydon Bridge, Hexham, NE47 is located within the NE47 postal district.
24, Ratcliffe Road, Hexham has 31 entries in the Land Registry database, most recently in December 2007 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 24 Ratcliffe Road Hexham as £297,143 and the rental value as £1,304 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 24 Ratcliffe Road Hexham has decreased by £1,816 (0.6%) and its rental value has increased by £131 per month (10.0%).
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 24, Ratcliffe Road, Hexham is in very good condition we estimate a sale value of £312,001 and rental value of £1,369 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,343 and a rental value of £1,213 per month.
If you were able to purchase this property for the estimated value of £297,143, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,460 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, 24, Ratcliffe Road, Hexham was last sold on 07 Dec 2007 for £450,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2007, the market for similar properties has risen 22.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Ratcliffe Road, Hexham within a radius of 171m over the last 2 years.
The most recent example is 30, Ratcliffe Road, Hexham, NE47 6ET, a Freehold house which sold for £350,000 in Jul 2022.
Read more about house prices in NE47.
Ratcliffe Road, Haydon Bridge, Hexham, NE47 has a total of 56 addresses. According to our analysis of all the public data, 24, Ratcliffe Road, Hexham is the largest and the 4th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in NE47.
The closest station to 24, Ratcliffe Road, Hexham is Haydon Bridge station which is 200 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 24, Ratcliffe Road, Hexham, 36.1% of property is privately owned outright and 30.3% 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 24, Ratcliffe Road, Hexham, 15.9% of residents are recorded as possessing school level qualifications and 21.3% 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 24, Ratcliffe 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 24, Ratcliffe Road, Hexham, 0.4% 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 24, Ratcliffe Road, Hexham, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.