According to the public record, 3, Ridley Close, Hexham is a mid-century house with 861 ft2 of internal area and sits on a 403 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ridley Close, Hexham, NE46 is located within the NE46 postal district.
3, Ridley Close, Hexham has no records in the Land Registry database and a single entry in the EPC database dated June 2015.
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 Ridley Close Hexham as £332,460 and the rental value as £1,261 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 3 Ridley Close Hexham has increased by £9,678 (2.9%) and its rental value has increased by £187 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, Ridley Close, Hexham is in very good condition we estimate a sale value of £349,083 and rental value of £1,324 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,188 and a rental value of £1,173 per month.
If you were able to purchase this property for the estimated value of £332,460, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,634 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, Ridley Close, Hexham sits on a plot of 403m2.
We have plot size data on 9 out of 15 other houses in the postcode and 3, Ridley Close, Hexham sits on the 8th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Ridley Close, Hexham within a radius of 960 metres over the last 2 years.
The most recent example is 20, Dickson Drive, Hexham, NE46 2RB, a Freehold house which sold for £280,000 in Feb 2024.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridley Close, Hexham, NE46 has a total of 15 addresses. According to our analysis of all the public data, 3, Ridley Close, Hexham is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in NE46.
3, Ridley Close, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jun 2015.
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, Ridley Close, Hexham is Hexham station which is 1.8 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, Ridley Close, Hexham, 60.2% of property is privately owned outright and 33.8% 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, Ridley Close, Hexham, 18.4% of residents are recorded as possessing school level qualifications and 63.5% 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, Ridley Close, 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, Ridley Close, Hexham, 1.7% 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, Ridley Close, Hexham, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.