According to the public record, 3 Hagg Bank Cottages is a period house with 1,243 ft2 of internal area and sits on a 61.8 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wylam, NE41 is located within the NE41 postal district.
3 Hagg Bank Cottages has no records in the Land Registry database and a single entry in the EPC database dated December 2009.
We combine this information with public data 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 Hagg Bank Cottages as £341,275 and the rental value as £1,150 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 3 Hagg Bank Cottages has increased by £965 (0.3%) and its rental value has increased by £77 per month (6.7%).
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 Hagg Bank Cottages is in very good condition we estimate a sale value of £358,339 and rental value of £1,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,386 and a rental value of £1,069 per month.
If you were able to purchase this property for the estimated value of £341,275, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,677 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 Hagg Bank Cottages sits on a plot of 62m2.
We have plot size data on 7 out of 10 other houses in the postcode and 3 Hagg Bank Cottages sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Hagg Bank Cottages within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 6, Algernon Terrace, Wylam, NE41 8AX, a Freehold house which sold for £309,000 in Mar 2024.
Read more about house prices in NE41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wylam, NE41 has a total of 146 addresses. According to our analysis of all the public data, 3 Hagg Bank Cottages is the 78th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in NE41.
3 Hagg Bank Cottages has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Dec 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 3 Hagg Bank Cottages is Wylam station which is 1.1 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 3 Hagg Bank Cottages, 40.7% of property is privately owned outright and 32.1% 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 Hagg Bank Cottages, 15.1% of residents are recorded as possessing school level qualifications and 53.8% 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 Hagg Bank Cottages, 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 3 Hagg Bank Cottages, 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 Hagg Bank Cottages, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.