According to the public record, Cherry Tree House, Hexham is a period freehold house with 1,485 ft2 of internal area and sits on a 996 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fourstones, Hexham, NE47 is located within the NE47 postal district.
Cherry Tree House, Hexham has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated April 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 Cherry Tree House Hexham as £478,937 and the rental value as £1,192 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Cherry Tree House Hexham has increased by £851 (0.2%) and its rental value has increased by £138 per month (11.6%).
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 Cherry Tree House, Hexham is in very good condition we estimate a sale value of £502,884 and rental value of £1,251 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,412 and a rental value of £1,108 per month.
If you were able to purchase this property for the estimated value of £478,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,354 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, Cherry Tree House, Hexham sits on a plot of 996m2.
According to HM Land Registry, Cherry Tree House, Hexham was last sold on 30 Sep 2021 for £445,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cherry Tree House, Hexham within a radius of 5.1 kilometres over the last 2 years.
The most recent example is Crossgate House, Crossgate Cottages, Hexham, NE47 5DP, a Freehold house which sold for £490,000 in Jun 2024.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fourstones, Hexham, NE47 has a total of 93 addresses. According to our analysis of all the public data, Cherry Tree House, Hexham is the 46th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £221k more expensive than the average property in NE47.
Cherry Tree House, Hexham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and underfloor heating.
The closest station to Cherry Tree House, Hexham is Haydon Bridge station which is 5.5 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 Cherry Tree House, 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 Cherry Tree House, 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 Cherry Tree House, 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 Cherry Tree House, 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 Cherry Tree House, 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.