According to the public record, Strand Cottage, Hexham is a period freehold house and with 1,689 ft2 of internal area and sits on a 820 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bardon Mill, Hexham, NE47 is located within the NE47 postal district.
Strand Cottage, Hexham has a single entry in the Land Registry database from May 2023 and no records in the EPC database.
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 Strand Cottage Hexham as £266,340 and the rental value as £1,093 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Strand Cottage Hexham has increased by £21 (0.0%) and its rental value has increased by £89 per month (8.2%).
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 Strand Cottage, Hexham is in very good condition we estimate a sale value of £279,657 and rental value of £1,148 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,696 and a rental value of £1,017 per month.
If you were able to purchase this property for the estimated value of £266,340, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,309 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, Strand Cottage, Hexham sits on a plot of 820m2.
According to HM Land Registry, Strand Cottage, Hexham was last sold on 05 May 2023 for £257,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Strand Cottage, Hexham within a radius of 5.3km over the last 2 years.
The most recent example is 32, Ratcliffe Road, Hexham, NE47 6ET, a Freehold house which sold for £255,000 in Aug 2022.
Read more about house prices in NE47.
Bardon Mill, Hexham, NE47 has a total of 191 addresses. According to our analysis of all the public data, Strand Cottage, Hexham is the 55th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in NE47.
Strand Cottage, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Nov 2022.
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 Strand Cottage, Hexham is Bardon Mill station which is 1.0 km 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 Strand Cottage, Hexham, 50.3% of property is privately owned outright and 25.4% 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 Strand Cottage, Hexham, 10.5% of residents are recorded as possessing school level qualifications and 45.8% 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 Strand Cottage, Hexham, the average age was 48.3 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 Strand Cottage, 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 Strand Cottage, 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.