According to the public record, Parlour Close, Hexham is a period freehold house with 753 ft2 of internal area and sits on a 711 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Sinderhope, Hexham, NE47 is located within the NE47 postal district.
Parlour Close, Hexham has a single entry in the Land Registry database from October 2017 and a single entry in the EPC database dated October 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 Parlour Close Hexham as £154,736 and the rental value as £805 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Parlour Close Hexham has increased by £4,412 (2.9%) and its rental value has increased by £87 per month (10.8%).
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 Parlour Close, Hexham is in very good condition we estimate a sale value of £162,472 and rental value of £846 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,904 and a rental value of £749 per month.
If you were able to purchase this property for the estimated value of £154,736, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £760 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, Parlour Close, Hexham sits on a plot of 711m2.
We have plot size data on 1 out of 4 other houses in the postcode and Parlour Close, Hexham sits on the largest plot.
According to HM Land Registry, Parlour Close, Hexham was last sold on 24 Oct 2017 for £120,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2017, the market for similar properties has risen 26.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Parlour Close, Hexham within a radius of 11.3 kilometres over the last 2 years.
The most recent example is 2, Sipton Terrace, Hexham, NE47 9UY, a Freehold house which sold for £142,500 in Apr 2021.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sinderhope, Hexham, NE47 has a total of 38 addresses. According to our analysis of all the public data, Parlour Close, Hexham is the 36th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in NE47.
Parlour Close, Hexham has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 06 Oct 2017.
The property is not connected to mains gas and has partial double glazing. It is heated using an dual fuel boiler (mineral and wood) and radiators.
The closest station to Parlour Close, Hexham is Haydon Bridge station which is 12.9 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 Parlour Close, Hexham, 56.4% of property is privately owned outright and 24.1% 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 Parlour Close, Hexham, 16.9% of residents are recorded as possessing school level qualifications and 48.5% 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 Parlour Close, 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 Parlour Close, 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 Parlour Close, 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.