According to the public record, Flat 2, Oddfellows Hall, Hexham is a period leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Oddfellows Hall, Shaftoe Street, Haydon Bridge, Hexham, NE47.
Shaftoe Street, Haydon Bridge, Hexham, NE47 is located within the NE47 postal district.
Flat 2, Oddfellows Hall, Hexham has 61 entries in the Land Registry database, most recently in December 2015 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 Flat 2 Oddfellows Hall Hexham as £72,861 and the rental value as £434 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 2 Oddfellows Hall Hexham has increased by £2,384 (3.3%) and its rental value has increased by £62 per month (14.3%).
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 Flat 2, Oddfellows Hall, Hexham is in very good condition we estimate a sale value of £76,504 and rental value of £455 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,761 and a rental value of £403 per month.
If you were able to purchase this property for the estimated value of £72,861, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £358 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, Flat 2, Oddfellows Hall, Hexham was last sold on 21 Dec 2015 for £55,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Dec 2015, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, Oddfellows Hall, Hexham within a radius of 7.0 kilometres over the last 2 years.
The most recent example is 9, North Bank, Hexham, NE47 6LP, a Leasehold flat which sold for £112,500 in Oct 2012.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shaftoe Street, Haydon Bridge, Hexham, NE47 has a total of 30 addresses. According to our analysis of all the public data, Flat 2, Oddfellows Hall, Hexham is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in NE47.
Flat 2, Oddfellows Hall, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 2, Oddfellows Hall, Hexham is Haydon Bridge station which is 300 metres 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 Flat 2, Oddfellows Hall, Hexham, 37.0% of property is privately owned outright and 28.3% 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 Flat 2, Oddfellows Hall, Hexham, 19.7% of residents are recorded as possessing school level qualifications and 37.3% 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 Flat 2, Oddfellows Hall, 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 Flat 2, Oddfellows Hall, Hexham, 1.0% 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 Flat 2, Oddfellows Hall, Hexham, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.