According to the public record, 3, Gibson Place, Hexham is a modern freehold house with 893 ft2 of internal area and sits on a 117 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gibson Place, Hexham, NE46 is located within the NE46 postal district.
3, Gibson Place, Hexham has 21 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated June 2021.
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 3 Gibson Place Hexham as £223,467 and the rental value as £1,105 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 3 Gibson Place Hexham has increased by £7,445 (3.3%) and its rental value has increased by £170 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 3, Gibson Place, Hexham is in very good condition we estimate a sale value of £234,640 and rental value of £1,161 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,824 and a rental value of £1,028 per month.
If you were able to purchase this property for the estimated value of £223,467, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,098 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, 3, Gibson Place, Hexham sits on a plot of 117m2.
We have plot size data on 4 out of 6 other houses in the postcode and 3, Gibson Place, Hexham sits on the 3rd largest plot.
According to HM Land Registry, 3, Gibson Place, Hexham was last sold on 30 Sep 2021 for £195,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Gibson Place, Hexham within a radius of 640 metres over the last 2 years.
The most recent example is 39, Kingsgate Terrace, Hexham, NE46 3EP, a Freehold house which sold for £175,000 in Jul 2021.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gibson Place, Hexham, NE46 has a total of 6 addresses. According to our analysis of all the public data, 3, Gibson Place, Hexham is the largest and the most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in NE46.
3, Gibson Place, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2021.
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 3, Gibson Place, Hexham is Hexham station which is 700 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 3, Gibson Place, Hexham, 47.1% of property is socially rented and 19.1% 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 3, Gibson Place, Hexham, 9.1% of residents are recorded as possessing school level qualifications and 29.2% 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 3, Gibson Place, 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 3, Gibson Place, 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 3, Gibson Place, Hexham, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.