According to the public record, Highfield, Hexham is a period freehold house with 1,668 ft2 of internal area and sits on a 755 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Causey Way, Hexham, NE46 is located within the NE46 postal district.
Highfield, Hexham has a single entry in the Land Registry database from September 2017 and a single entry in the EPC database dated January 2017.
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 Highfield Hexham as £564,260 and the rental value as £1,473 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of Highfield Hexham has increased by £6,695 (1.2%) and its rental value has increased by £190 per month (12.9%).
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 Highfield, Hexham is in very good condition we estimate a sale value of £592,473 and rental value of £1,546 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £524,762 and a rental value of £1,370 per month.
If you were able to purchase this property for the estimated value of £564,260, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,773 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, Highfield, Hexham sits on a plot of 755m2.
We have plot size data on 11 out of 13 other houses in the postcode and Highfield, Hexham sits on the 9th largest plot.
According to HM Land Registry, Highfield, Hexham was last sold on 07 Sep 2017 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2017, the market for similar properties has risen 18.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Highfield, Hexham within a radius of 940 metres over the last 2 years.
The most recent example is 14, Shaftoe Crescent, Hexham, NE46 3DS, a Freehold house which sold for £490,000 in Jun 2021.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Causey Way, Hexham, NE46 has a total of 13 addresses. According to our analysis of all the public data, Highfield, Hexham is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £244k more expensive than the average property in NE46.
Highfield, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jan 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Highfield, Hexham is Hexham station which is 1.9 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 Highfield, Hexham, 62.0% of property is privately owned outright and 32.2% 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 Highfield, Hexham, 16.0% of residents are recorded as possessing school level qualifications and 50.6% 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 Highfield, 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 Highfield, Hexham, 1.4% 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 Highfield, 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.