According to the public record, 25, Priestlands Lane, Hexham is a mid-century freehold house with 1,033 ft2 of internal area and sits on a 221 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Priestlands Lane, Hexham, NE46 is located within the NE46 postal district.
25, Priestlands Lane, Hexham has a single entry in the Land Registry database from June 2007 and a single entry in the EPC database dated December 2022.
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 25 Priestlands Lane Hexham as £189,333 and the rental value as £926 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 25 Priestlands Lane Hexham has increased by £6,145 (3.2%) and its rental value has increased by £141 per month (15.3%).
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 25, Priestlands Lane, Hexham is in very good condition we estimate a sale value of £198,799 and rental value of £973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,079 and a rental value of £862 per month.
If you were able to purchase this property for the estimated value of £189,333, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £931 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, 25, Priestlands Lane, Hexham sits on a plot of 221m2.
We have plot size data on 7 out of 18 other houses in the postcode and 25, Priestlands Lane, Hexham sits on the 6th largest plot.
According to HM Land Registry, 25, Priestlands Lane, Hexham was last sold on 18 Jun 2007 for £158,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Priestlands Lane, Hexham within a radius of 570 metres over the last 2 years.
The most recent example is 7, Priestlands Road, Hexham, NE46 2AJ, a Freehold house which sold for £172,500 in Jan 2024.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priestlands Lane, Hexham, NE46 has a total of 18 addresses. According to our analysis of all the public data, 25, Priestlands Lane, Hexham is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in NE46.
25, Priestlands Lane, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 2022.
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 25, Priestlands Lane, Hexham is Hexham station which is 1.0 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 25, Priestlands Lane, Hexham, 40.9% of property is privately owned outright and 29.2% 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 25, Priestlands Lane, Hexham, 14.4% of residents are recorded as possessing school level qualifications and 41.9% 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 25, Priestlands Lane, 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 25, Priestlands Lane, Hexham, 2.7% 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 25, Priestlands Lane, Hexham, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.