According to the public record, 4, Straker Drive, Hexham is a mid-century freehold house with 1,108 ft2 of internal area and sits on a 821 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Straker Drive, Hexham, NE46 is located within the NE46 postal district.
4, Straker Drive, Hexham has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated December 2022.
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 4 Straker Drive Hexham as £342,619 and the rental value as £1,325 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 4 Straker Drive Hexham has increased by £5,935 (1.7%) and its rental value has increased by £179 per month (13.5%).
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, Straker Drive, Hexham is in very good condition we estimate a sale value of £359,750 and rental value of £1,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,636 and a rental value of £1,232 per month.
If you were able to purchase this property for the estimated value of £342,619, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,684 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, 4, Straker Drive, Hexham sits on a plot of 821m2.
We have plot size data on 2 out of 8 other houses in the postcode and 4, Straker Drive, Hexham sits on the largest plot.
According to HM Land Registry, 4, Straker Drive, Hexham was last sold on 11 Jul 2023 for £335,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Straker Drive, Hexham within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 18, Conniscliffe Road, Hexham, NE46 2LW, a Freehold house which sold for £340,000 in Feb 2024.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Straker Drive, Hexham, NE46 has a total of 8 addresses. According to our analysis of all the public data, 4, Straker Drive, Hexham is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in NE46.
4, Straker Drive, Hexham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Dec 2022.
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 4, Straker Drive, Hexham is Hexham station which is 2.0 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 4, Straker Drive, Hexham, 72.1% of property is privately owned outright and 23.0% 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 4, Straker Drive, Hexham, 15.8% of residents are recorded as possessing school level qualifications and 50.6% 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, Straker Drive, 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, Straker Drive, Hexham, 1.4% 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, Straker Drive, 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.