According to the public record, Maresfield, Hexham is a modern freehold house with 2,454 ft2 of internal area and sits on a 1,373 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
North Bank, Haydon Bridge, Hexham, NE47 is located within the NE47 postal district.
Maresfield, Hexham has a single entry in the Land Registry database from January 2018 and a single entry in the EPC database dated November 2020.
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 Maresfield Hexham as £510,111 and the rental value as £1,503 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Maresfield Hexham has decreased by £3,117 (0.6%) and its rental value has increased by £151 per month (10.0%).
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 Maresfield, Hexham is in very good condition we estimate a sale value of £535,617 and rental value of £1,578 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £474,403 and a rental value of £1,397 per month.
If you were able to purchase this property for the estimated value of £510,111, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,507 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, Maresfield, Hexham sits on a plot of 1373m2.
We have plot size data on 12 out of 18 other houses in the postcode and Maresfield, Hexham sits on the 4th largest plot.
According to HM Land Registry, Maresfield, Hexham was last sold on 16 Jan 2018 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2018, the market for similar properties has risen 21.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Maresfield, Hexham within a radius of 6.8 kilometres over the last 2 years.
The most recent example is Blackhill, Heugh House Lane, Hexham, NE47 6HJ, a Freehold house which sold for £610,000 in Sep 2020.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Bank, Haydon Bridge, Hexham, NE47 has a total of 45 addresses. According to our analysis of all the public data, Maresfield, Hexham is the 9th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £252k more expensive than the average property in NE47.
Maresfield, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Nov 2020.
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 Maresfield, Hexham is Haydon Bridge station which is 600 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 Maresfield, Hexham, 46.0% of property is privately owned outright and 30.7% 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 Maresfield, Hexham, 10.8% of residents are recorded as possessing school level qualifications and 42.6% 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 Maresfield, 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 Maresfield, Hexham, 2.5% 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 Maresfield, Hexham, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.