According to the public record, Grove Cottage, Hexham is a period house with 1,194 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Market Place, Allendale, Hexham, NE47 is located within the NE47 postal district.
Grove Cottage, Hexham has no records in the Land Registry database and a single entry in the EPC database dated April 2024.
We combine this information with public data 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 Grove Cottage Hexham as £250,893 and the rental value as £1,002 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Grove Cottage Hexham has increased by £4,115 (1.6%) and its rental value has increased by £116 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 Grove Cottage, Hexham is in very good condition we estimate a sale value of £263,438 and rental value of £1,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,331 and a rental value of £932 per month.
If you were able to purchase this property for the estimated value of £250,893, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,233 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, Grove Cottage, Hexham sits on a plot of 142m2.
We have plot size data on 5 out of 16 other houses in the postcode and Grove Cottage, Hexham sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Grove Cottage, Hexham within a radius of 8.5 kilometres over the last 2 years.
The most recent example is 5, Shield Street, Hexham, NE47 9BP, a Freehold house which sold for £220,000 in Mar 2023.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Market Place, Allendale, Hexham, NE47 has a total of 29 addresses. According to our analysis of all the public data, Grove Cottage, Hexham is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in NE47.
Grove Cottage, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Apr 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Grove Cottage, Hexham is Haydon Bridge station which is 8.6 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 Grove Cottage, Hexham, 40.9% of property is socially rented and 26.4% is privately owned outright.
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 Grove Cottage, Hexham, 11.6% of residents are recorded as possessing school level qualifications and 29.1% 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 Grove 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 Grove Cottage, Hexham, 0.0% 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 Grove Cottage, Hexham, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.