According to the public record, Rowan House, Hexham is a modern freehold house with 2,346 ft2 of internal area and sits on a 1,023 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Slaley, Hexham, NE47 is located within the NE47 postal district.
Rowan House, Hexham has a single entry in the Land Registry database from November 2014 and a single entry in the EPC database dated December 2014.
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 Rowan House Hexham as £582,827 and the rental value as £1,490 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of Rowan House Hexham has decreased by £2,248 (0.4%) and its rental value has increased by £133 per month (8.9%).
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 Rowan House, Hexham is in very good condition we estimate a sale value of £611,968 and rental value of £1,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,029 and a rental value of £1,385 per month.
If you were able to purchase this property for the estimated value of £582,827, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,864 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, Rowan House, Hexham sits on a plot of 1023m2.
We have plot size data on 14 out of 25 other houses in the postcode and Rowan House, Hexham sits on the 10th largest plot.
According to HM Land Registry, Rowan House, Hexham was last sold on 04 Nov 2014 for £598,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 31.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Rowan House, Hexham within a radius of 6.5 kilometres over the last 2 years.
The most recent example is The Alders, Hexham, NE47 0AD, a Freehold house which sold for £645,000 in Jun 2020.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Slaley, Hexham, NE47 has a total of 201 addresses. According to our analysis of all the public data, Rowan House, Hexham is the 45th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £325k more expensive than the average property in NE47.
Rowan House, Hexham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Dec 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Rowan House, Hexham is Corbridge station which is 6.0 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 Rowan House, Hexham, 60.1% of property is privately owned outright and 20.3% 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 Rowan House, Hexham, 15.7% of residents are recorded as possessing school level qualifications and 51.9% 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 Rowan 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 Rowan House, Hexham, 3.4% 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 Rowan House, Hexham, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.