According to the public record, 4, Martins Close, Hexham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 775 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Martins Close, Haydon Bridge, Hexham, NE47 is located within the NE47 postal district.
4, Martins Close, Hexham has a single entry in the Land Registry database from April 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Martins Close Hexham as £162,110 and the rental value as £798 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 4 Martins Close Hexham has increased by £5,049 (3.1%) and its rental value has increased by £113 per month (14.2%).
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 4, Martins Close, Hexham is in very good condition we estimate a sale value of £170,215 and rental value of £838 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,762 and a rental value of £742 per month.
If you were able to purchase this property for the estimated value of £162,110, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £797 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 HM Land Registry, 4, Martins Close, Hexham was last sold on 28 Apr 2006 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Martins Close, Hexham within a radius of 7.1 kilometres over the last 2 years.
The most recent example is 23, Hordley Acres, Hexham, NE47 6DR, a Freehold house which sold for £165,000 in Oct 2022.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martins Close, Haydon Bridge, Hexham, NE47 has a total of 18 addresses. According to our analysis of all the public data, 4, Martins Close, Hexham is the 12th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in NE47.
The closest station to 4, Martins Close, Hexham is Haydon Bridge station which is 300 metres 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 4, Martins Close, Hexham, 33.9% of property is socially rented and 23.4% 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 4, Martins Close, Hexham, 17.4% of residents are recorded as possessing school level qualifications and 26.6% 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 4, Martins 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 4, Martins Close, Hexham, 0.5% 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 4, Martins Close, 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.