According to the public record, 3, Red Houses, Hexham is a period freehold house with 731 ft2 of internal area and sits on a 103 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Red Houses, Newbrough, Hexham, NE47 is located within the NE47 postal district.
3, Red Houses, Hexham has a single entry in the Land Registry database from October 2013 and a single entry in the EPC database dated March 2018.
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 Red Houses Hexham as £182,278 and the rental value as £841 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 3 Red Houses Hexham has increased by £5,750 (3.2%) and its rental value has increased by £125 per month (14.9%).
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, Red Houses, Hexham is in very good condition we estimate a sale value of £191,391 and rental value of £884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,518 and a rental value of £783 per month.
If you were able to purchase this property for the estimated value of £182,278, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £896 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, Red Houses, Hexham sits on a plot of 103m2.
We have plot size data on 5 out of 8 other houses in the postcode and 3, Red Houses, Hexham sits on the 4th largest plot.
According to HM Land Registry, 3, Red Houses, Hexham was last sold on 14 Oct 2013 for £169,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2013, the market for similar properties has risen 34.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Red Houses, Hexham within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 25, Sidgate, Hexham, NE47 5AE, a Freehold house which sold for £150,000 in Jun 2022.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Red Houses, Newbrough, Hexham, NE47 has a total of 8 addresses. According to our analysis of all the public data, 3, Red Houses, Hexham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NE47.
3, Red Houses, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, wood pellets.
The closest station to 3, Red Houses, Hexham is Haydon Bridge station which is 4.9 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, Red Houses, Hexham, 43.6% of property is socially rented and 29.3% is privately owned outright.
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, Red Houses, Hexham, 14.9% of residents are recorded as possessing school level qualifications and 24.4% 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, Red Houses, 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, Red Houses, Hexham, 0.7% 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 3, Red Houses, 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.