According to the public record, Fair View, Hexham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 829 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Fourstones, Hexham, NE47 is located within the NE47 postal district.
Fair View, Hexham has 41 entries in the Land Registry database, most recently in September 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Fair View Hexham as £236,232 and the rental value as £935 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Fair View Hexham has increased by £6,036 (2.6%) and its rental value has increased by £133 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 Fair View, Hexham is in very good condition we estimate a sale value of £248,044 and rental value of £982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,696 and a rental value of £870 per month.
If you were able to purchase this property for the estimated value of £236,232, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,161 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, Fair View, Hexham was last sold on 19 Sep 2014 for £111,100 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2014, the market for similar properties has risen 32.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Fair View, Hexham within a radius of 4.9 kilometres over the last 2 years.
The most recent example is 2 Frankham Farm Cottages, Hexham, NE47 5DL, a Freehold house which sold for £165,000 in May 2021.
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, Fair View, Hexham is the 84th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in NE47.
The closest station to Fair View, Hexham is Haydon Bridge station which is 5.9 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 Fair View, 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 Fair View, 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 Fair View, 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 Fair View, 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 Fair View, 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.