According to the public record, 32, Laurel Road, Hexham is a modern freehold house with 2,325 ft2 of internal area and sits on a 430 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Laurel Road, Woodland Rise, Hexham, NE46 is located within the NE46 postal district.
32, Laurel Road, Hexham has a single entry in the Land Registry database from June 2019 and a single entry in the EPC database dated May 2019.
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 good condition, we estimate the current sale value for 32 Laurel Road Hexham as £518,961 and the rental value as £1,900 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 32 Laurel Road Hexham has increased by £2,914 (0.6%) and its rental value has increased by £233 per month (12.3%).
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 32, Laurel Road, Hexham is in very good condition we estimate a sale value of £544,909 and rental value of £1,995 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £482,633 and a rental value of £1,767 per month.
If you were able to purchase this property for the estimated value of £518,961, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,551 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, 32, Laurel Road, Hexham sits on a plot of 430m2.
We have plot size data on 58 out of 67 other houses in the postcode and 32, Laurel Road, Hexham sits on the 5th largest plot.
According to HM Land Registry, 32, Laurel Road, Hexham was last sold on 14 Jun 2019 for £490,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Laurel Road, Hexham within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 25, Laurel Road, Hexham, NE46 1UQ, a Freehold house which sold for £520,000 in May 2022.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Road, Woodland Rise, Hexham, NE46 has a total of 67 addresses. According to our analysis of all the public data, 32, Laurel Road, Hexham is the 9th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £199k more expensive than the average property in NE46.
32, Laurel Road, Hexham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 32, Laurel Road, Hexham is Hexham station which is 1.6 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 32, Laurel Road, Hexham, 45.8% of property is privately owned outright and 36.8% 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 32, Laurel Road, Hexham, 19.4% of residents are recorded as possessing school level qualifications and 54.8% 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 32, Laurel Road, 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 32, Laurel Road, Hexham, 2.9% 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 32, Laurel Road, Hexham, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.