According to the public record, Broadlea, Hexham is a mid-century freehold house with 1,614 ft2 of internal area and sits on a 207 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
St. Cuthberts Lane, Hexham, NE46 is located within the NE46 postal district.
Broadlea, Hexham has 51 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated May 2021.
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 Broadlea Hexham as £389,888 and the rental value as £1,462 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Broadlea Hexham has increased by £6,233 (1.6%) and its rental value has increased by £196 per month (13.4%).
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 Broadlea, Hexham is in very good condition we estimate a sale value of £409,383 and rental value of £1,535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,596 and a rental value of £1,360 per month.
If you were able to purchase this property for the estimated value of £389,888, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,916 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, Broadlea, Hexham sits on a plot of 207m2.
According to HM Land Registry, Broadlea, Hexham was last sold on 19 Nov 2021 for £365,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Nov 2021, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Broadlea, Hexham within a radius of 560 metres over the last 2 years.
The most recent example is Netherton, St. Andrews Road, Hexham, NE46 2EY, a Freehold house which sold for £502,500 in Sep 2022.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Cuthberts Lane, Hexham, NE46 has a total of 15 addresses. According to our analysis of all the public data, Broadlea, Hexham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in NE46.
Broadlea, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 May 2021.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to Broadlea, Hexham is Hexham station which is 1.0 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 Broadlea, Hexham, 40.9% of property is privately owned outright and 29.2% 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 Broadlea, Hexham, 14.4% of residents are recorded as possessing school level qualifications and 41.9% 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 Broadlea, 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 Broadlea, Hexham, 2.7% 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 Broadlea, Hexham, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.