According to the public record, 4A, Kiln Cottages, Hexham is a period leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, Kiln Cottages, Fourstones, Hexham, NE47.
Kiln Cottages, Fourstones, Hexham, NE47 is located within the NE47 postal district.
4A, Kiln Cottages, Hexham has a single entry in the Land Registry database from March 2015 and a single entry in the EPC database dated October 2014.
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 4A Kiln Cottages Hexham as £102,855 and the rental value as £485 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 4A Kiln Cottages Hexham has increased by £3,164 (3.1%) and its rental value has increased by £72 per month (14.8%).
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 4A, Kiln Cottages, Hexham is in very good condition we estimate a sale value of £107,998 and rental value of £509 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,655 and a rental value of £451 per month.
If you were able to purchase this property for the estimated value of £102,855, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £506 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, 4A, Kiln Cottages, Hexham was last sold on 12 Mar 2015 for £81,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 22.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 4A, Kiln Cottages, Hexham within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 2, Forge House, Hexham, NE46 4QP, a Leasehold flat which sold for £110,000 in Jan 2022.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kiln Cottages, Fourstones, Hexham, NE47 has a total of 9 addresses. According to our analysis of all the public data, 4A, Kiln Cottages, Hexham is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in NE47.
4A, Kiln Cottages, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 4A, Kiln Cottages, Hexham is Haydon Bridge station which is 5.6 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 4A, Kiln Cottages, Hexham, 48.0% of property is privately owned outright and 33.9% 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 4A, Kiln Cottages, Hexham, 10.5% of residents are recorded as possessing school level qualifications and 49.8% 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 4A, Kiln 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 4A, Kiln Cottages, Hexham, 2.4% 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 4A, Kiln 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.