According to the public record, 9, Kings Mews, Hexham is a modern leasehold apartment with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Kings Mews, Hexham, NE46 is located within the NE46 postal district.
9, Kings Mews, Hexham has 3 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated March 2018.
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 Kings Mews Hexham as £184,614 and the rental value as £774 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 9 Kings Mews Hexham has increased by £4,521 (2.4%) and its rental value has increased by £111 per month (14.4%).
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, Kings Mews, Hexham is in very good condition we estimate a sale value of £193,844 and rental value of £812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,691 and a rental value of £719 per month.
If you were able to purchase this property for the estimated value of £184,614, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £907 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, Kings Mews, Hexham was last sold on 01 Feb 2024 for £160,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2024, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Kings Mews, Hexham within a radius of 620 metres over the last 2 years.
The most recent example is 26 Stainthorpe Court, Battle Hill, Hexham, NE46 1WY, a Leasehold flat which sold for £150,000 in May 2022.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Mews, Hexham, NE46 has a total of 19 addresses. According to our analysis of all the public data, 9, Kings Mews, Hexham is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in NE46.
9, Kings Mews, Hexham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Mar 2018.
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, Kings Mews, Hexham is Hexham station which is 700 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, Kings Mews, Hexham, 41.8% of property is privately rented and 38.5% 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, Kings Mews, Hexham, 9.7% of residents are recorded as possessing school level qualifications and 34.8% 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, Kings 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, Kings 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, Kings 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.