According to the public record, 9 Tyne Green Mews, Hexham is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 9, Hexham, NE46.
Hexham, NE46 is located within the NE46 postal district.
9 Tyne Green Mews, Hexham has a single entry in the Land Registry database from September 2014 and a single entry in the EPC database dated May 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 9 Tyne Green Mews Hexham as £110,423 and the rental value as £671 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 9 Tyne Green Mews Hexham has increased by £2,292 (2.1%) and its rental value has increased by £94 per month (13.9%).
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 9 Tyne Green Mews, Hexham is in very good condition we estimate a sale value of £115,944 and rental value of £704 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,693 and a rental value of £624 per month.
If you were able to purchase this property for the estimated value of £110,423, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £543 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, 9 Tyne Green Mews, Hexham was last sold on 12 Sep 2014 for £85,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2014, the market for similar properties has risen 20.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9 Tyne Green Mews, Hexham within a radius of 820 metres over the last 2 years.
The most recent example is 7 Tyne Green Mews, Hexham, NE46 3HB, a Leasehold flat which sold for £109,250 in May 2024.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hexham, NE46 has a total of 434 addresses. According to our analysis of all the public data, 9 Tyne Green Mews, Hexham is the 422nd largest and the 341st most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in NE46.
9 Tyne Green Mews, Hexham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 May 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 9 Tyne Green Mews, Hexham is Hexham station which is 800 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 9 Tyne Green Mews, Hexham, 38.1% of property is socially rented and 28.4% 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 9 Tyne Green Mews, Hexham, 10.3% of residents are recorded as possessing school level qualifications and 20.7% 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 9 Tyne Green Mews, 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 9 Tyne Green Mews, Hexham, 0.6% 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 9 Tyne Green Mews, Hexham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.