According to the public record, Post Office House, Hexham is a period freehold house with 2,604 ft2 of internal area and sits on a 413 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Carrshield, Hexham, NE47 is located within the NE47 postal district.
Post Office House, Hexham has a single entry in the Land Registry database from January 2017 and a single entry in the EPC database dated February 2023.
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 Post Office House Hexham as £436,133 and the rental value as £1,483 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Post Office House Hexham has decreased by £843 (0.2%) and its rental value has increased by £111 per month (7.5%).
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 Post Office House, Hexham is in very good condition we estimate a sale value of £457,939 and rental value of £1,557 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,603 and a rental value of £1,379 per month.
If you were able to purchase this property for the estimated value of £436,133, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,143 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, Post Office House, Hexham sits on a plot of 413m2.
We have plot size data on 12 out of 17 other houses in the postcode and Post Office House, Hexham sits on the 7th largest plot.
According to HM Land Registry, Post Office House, Hexham was last sold on 27 Jan 2017 for £124,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2017, the market for similar properties has risen 23.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Post Office House, Hexham within a radius of 9.1 kilometres over the last 2 years.
The most recent example is Dryburn Hall, Hexham, NE47 9PA, a Freehold house which sold for £551,000 in Jul 2022.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carrshield, Hexham, NE47 has a total of 46 addresses. According to our analysis of all the public data, Post Office House, Hexham is the 4th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £178k more expensive than the average property in NE47.
Post Office House, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Feb 2023.
The property is not connected to mains gas and has partial double glazing. It is heated using an oil fired boiler and underfloor heating.
The closest station to Post Office House, Hexham is Bardon Mill station which is 17.0 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 Post Office House, Hexham, 58.8% of property is privately owned outright and 23.7% 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 Post Office House, Hexham, 11.9% of residents are recorded as possessing school level qualifications and 46.1% 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 Post Office House, 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 Post Office House, Hexham, 1.8% 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 Post Office House, 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.