According to the public record, The Falding, Hexham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,254 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Waynriggs Close, Humshaugh, Hexham, NE46 is located within the NE46 postal district.
The Falding, Hexham has 2 entries in the Land Registry database, most recently in July 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for The Falding Hexham as £515,231 and the rental value as £1,366 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of The Falding Hexham has increased by £3,955 (0.8%) and its rental value has increased by £162 per month (11.9%).
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 The Falding, Hexham is in very good condition we estimate a sale value of £540,993 and rental value of £1,435 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,165 and a rental value of £1,271 per month.
If you were able to purchase this property for the estimated value of £515,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,532 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 HM Land Registry, The Falding, Hexham was last sold on 09 Jul 2010 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2010, the market for similar properties has risen 33.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Falding, Hexham within a radius of 183m over the last 2 years.
The most recent example is 12, Valley Court, Hexham, NE46 4DD, a Freehold house which sold for £450,000 in Sep 2021.
Read more about house prices in NE46.
Waynriggs Close, Humshaugh, Hexham, NE46 has a total of 4 addresses. According to our analysis of all the public data, The Falding, Hexham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £195k more expensive than the average property in NE46.
The closest station to The Falding, Hexham is Hexham station which is 7.0 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 The Falding, Hexham, 38.6% of property is privately owned outright and 33.5% is privately rented.
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 The Falding, Hexham, 14.6% of residents are recorded as possessing school level qualifications and 48.1% 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 The Falding, 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 The Falding, Hexham, 0.6% 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 The Falding, 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.