According to the public record, 5, Elm Close, Hexham is a modern freehold house with 1,453 ft2 of internal area and sits on a 383 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Elm Close, Hexham, NE46 is located within the NE46 postal district.
5, Elm Close, Hexham has 31 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated September 2016.
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 5 Elm Close Hexham as £392,844 and the rental value as £1,406 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 5 Elm Close Hexham has increased by £4,661 (1.2%) and its rental value has increased by £182 per month (12.9%).
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, Elm Close, Hexham is in very good condition we estimate a sale value of £412,486 and rental value of £1,477 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,344 and a rental value of £1,308 per month.
If you were able to purchase this property for the estimated value of £392,844, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,931 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, 5, Elm Close, Hexham sits on a plot of 383m2.
We have plot size data on 5 out of 8 other houses in the postcode and 5, Elm Close, Hexham sits on the 4th largest plot.
According to HM Land Registry, 5, Elm Close, Hexham was last sold on 13 Dec 2016 for £262,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2016, the market for similar properties has risen 18.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Elm Close, Hexham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 5, Enderby Drive, Hexham, NE46 2PA, a Freehold house which sold for £415,000 in Mar 2024.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Close, Hexham, NE46 has a total of 8 addresses. According to our analysis of all the public data, 5, Elm Close, Hexham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in NE46.
5, Elm Close, Hexham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2016.
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 5, Elm Close, 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 5, Elm Close, Hexham, 62.0% of property is privately owned outright and 32.2% 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 5, Elm Close, Hexham, 16.0% 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 5, Elm 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 5, Elm Close, 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 5, Elm Close, 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.