According to the public record, Butt Bank Cottage, Hexham is a period freehold house with 1,076 ft2 of internal area and sits on a 293 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Butt Bank, Fourstones, Hexham, NE47 is located within the NE47 postal district.
Butt Bank Cottage, Hexham has a single entry in the Land Registry database from November 2014 and a single entry in the EPC database dated April 2015.
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 Butt Bank Cottage Hexham as £270,811 and the rental value as £995 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Butt Bank Cottage Hexham has increased by £6,919 (2.6%) and its rental value has increased by £141 per month (14.2%).
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 Butt Bank Cottage, Hexham is in very good condition we estimate a sale value of £284,352 and rental value of £1,045 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,854 and a rental value of £925 per month.
If you were able to purchase this property for the estimated value of £270,811, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,331 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, Butt Bank Cottage, Hexham sits on a plot of 293m2.
We have plot size data on 6 out of 14 other houses in the postcode and Butt Bank Cottage, Hexham sits on the 2nd largest plot.
According to HM Land Registry, Butt Bank Cottage, Hexham was last sold on 06 Nov 2014 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 34.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Butt Bank Cottage, Hexham within a radius of 5.3 kilometres over the last 2 years.
The most recent example is East View, Hexham, NE47 5AR, a Freehold house which sold for £280,000 in Apr 2022.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Butt Bank, Fourstones, Hexham, NE47 has a total of 14 addresses. According to our analysis of all the public data, Butt Bank Cottage, Hexham is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in NE47.
Butt Bank Cottage, Hexham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Apr 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using an LPG fired boiler and radiators.
The closest station to Butt Bank Cottage, Hexham is Haydon Bridge station which is 5.2 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 Butt Bank Cottage, Hexham, 49.2% of property is privately owned outright and 32.8% 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 Butt Bank Cottage, Hexham, 17.6% of residents are recorded as possessing school level qualifications and 43.1% 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 Butt Bank Cottage, 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 Butt Bank Cottage, Hexham, 1.6% 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 Butt Bank Cottage, 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.