According to the public record, White Ridge, Hexham is a period freehold house with 2,249 ft2 of internal area and sits on a 1,474 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Sparty Lea, Hexham, NE47 is located within the NE47 postal district.
White Ridge, Hexham has 3 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated April 2015.
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 White Ridge Hexham as £582,210 and the rental value as £1,488 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of White Ridge Hexham has decreased by £1,125 (0.2%) and its rental value has increased by £112 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 White Ridge, Hexham is in very good condition we estimate a sale value of £611,320 and rental value of £1,562 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,455 and a rental value of £1,384 per month.
If you were able to purchase this property for the estimated value of £582,210, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,861 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, White Ridge, Hexham sits on a plot of 1474m2.
According to HM Land Registry, White Ridge, Hexham was last sold on 18 Dec 2020 for £517,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2020, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to White Ridge, Hexham within a radius of 10.4 kilometres over the last 2 years.
The most recent example is Low Rigg, Hexham, NE47 9JE, a Freehold house which sold for £505,000 in Nov 2021.
Read more about house prices in NE47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sparty Lea, Hexham, NE47 has a total of 62 addresses. According to our analysis of all the public data, White Ridge, Hexham is the 12th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £324k more expensive than the average property in NE47.
White Ridge, Hexham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 16 Apr 2015.
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 White Ridge, Hexham is Haydon Bridge station which is 16.7 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 White Ridge, Hexham, 45.0% of property is privately owned outright and 26.4% 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 White Ridge, Hexham, 7.7% of residents are recorded as possessing school level qualifications and 42.3% 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 White Ridge, 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 White Ridge, Hexham, 1.5% 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 White Ridge, 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.