According to the public record, 34, Millfield Terrace, Hexham is a period house with 1,105 ft2 of internal area and sits on a 173 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Millfield Terrace, Hexham, NE46 is located within the NE46 postal district.
34, Millfield Terrace, Hexham has no records in the Land Registry database and a single entry in the EPC database dated July 2010.
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 34 Millfield Terrace Hexham as £291,838 and the rental value as £1,231 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 34 Millfield Terrace Hexham has increased by £7,017 (2.4%) and its rental value has increased by £176 per month (14.3%).
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 34, Millfield Terrace, Hexham is in very good condition we estimate a sale value of £306,430 and rental value of £1,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,409 and a rental value of £1,145 per month.
If you were able to purchase this property for the estimated value of £291,838, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,434 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, 34, Millfield Terrace, Hexham sits on a plot of 173m2.
We have plot size data on 9 out of 13 other houses in the postcode and 34, Millfield Terrace, Hexham sits on the 9th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Millfield Terrace, Hexham within a radius of 640 metres over the last 2 years.
The most recent example is 30, Millfield Terrace, Hexham, NE46 3EF, a Freehold house which sold for £295,000 in Jul 2023.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millfield Terrace, Hexham, NE46 has a total of 33 addresses. According to our analysis of all the public data, 34, Millfield Terrace, Hexham is the 16th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in NE46.
34, Millfield Terrace, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Jul 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 34, Millfield Terrace, Hexham is Hexham station which is 1.0 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 34, Millfield Terrace, Hexham, 43.7% of property is privately owned outright and 27.0% 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 34, Millfield Terrace, Hexham, 17.3% of residents are recorded as possessing school level qualifications and 62.3% 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 34, Millfield Terrace, 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 34, Millfield Terrace, Hexham, 1.9% 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 34, Millfield Terrace, 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.