According to the public record, 5, Crossgate Cottages, Hexham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 770 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Crossgate Cottages, Fourstones, Hexham, NE47 is located within the NE47 postal district.
5, Crossgate Cottages, Hexham has 21 entries in the Land Registry database, most recently in January 2008 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 5 Crossgate Cottages Hexham as £316,240 and the rental value as £936 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 5 Crossgate Cottages Hexham has increased by £9,975 (3.2%) and its rental value has increased by £139 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 5, Crossgate Cottages, Hexham is in very good condition we estimate a sale value of £332,052 and rental value of £982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,103 and a rental value of £870 per month.
If you were able to purchase this property for the estimated value of £316,240, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,554 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, 5, Crossgate Cottages, Hexham was last sold on 25 Jan 2008 for £157,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2008, the market for similar properties has risen 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Crossgate Cottages, Hexham within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 11, Westboat Cottages, Hexham, NE46 4SJ, a Freehold house which sold for £160,000 in Nov 2022.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crossgate Cottages, Fourstones, Hexham, NE47 has a total of 6 addresses. According to our analysis of all the public data, 5, Crossgate Cottages, Hexham is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in NE47.
The closest station to 5, Crossgate Cottages, Hexham is Haydon Bridge station which is 5.1 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 5, Crossgate Cottages, Hexham, 44.1% of property is privately owned outright and 27.9% is privately rented.
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 5, Crossgate Cottages, Hexham, 19.7% of residents are recorded as possessing school level qualifications and 43.0% 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 5, Crossgate Cottages, 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 5, Crossgate Cottages, Hexham, 2.6% 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 5, Crossgate Cottages, Hexham, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.