According to the public record, 5, Elvaston Grove, Hexham is a mid-century freehold house with 1,732 ft2 of internal area and sits on a 524 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Elvaston Grove, Hexham, NE46 is located within the NE46 postal district.
5, Elvaston Grove, Hexham has 21 entries in the Land Registry database, most recently in October 2016 and a single entry in the EPC database dated June 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 Elvaston Grove Hexham as £479,992 and the rental value as £1,556 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 5 Elvaston Grove Hexham has increased by £5,337 (1.1%) and its rental value has increased by £200 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, Elvaston Grove, Hexham is in very good condition we estimate a sale value of £503,991 and rental value of £1,634 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,392 and a rental value of £1,447 per month.
If you were able to purchase this property for the estimated value of £479,992, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,359 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, Elvaston Grove, Hexham sits on a plot of 524m2.
We have plot size data on 5 out of 7 other houses in the postcode and 5, Elvaston Grove, Hexham sits on the 5th largest plot.
According to HM Land Registry, 5, Elvaston Grove, Hexham was last sold on 17 Oct 2016 for £325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2016, the market for similar properties has risen 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Elvaston Grove, Hexham within a radius of 840 metres over the last 2 years.
The most recent example is 29, Loughbrow Park, Hexham, NE46 2QD, a Freehold house which sold for £470,000 in Oct 2023.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elvaston Grove, Hexham, NE46 has a total of 7 addresses. According to our analysis of all the public data, 5, Elvaston Grove, Hexham is the largest and the most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in NE46.
5, Elvaston Grove, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 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, Elvaston Grove, Hexham is Hexham station which is 1.3 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, Elvaston Grove, Hexham, 59.9% of property is privately owned outright and 30.3% 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, Elvaston Grove, Hexham, 18.2% of residents are recorded as possessing school level qualifications and 62.2% 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, Elvaston Grove, 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, Elvaston Grove, Hexham, 3.2% 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, Elvaston Grove, Hexham, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.