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1 South Rigg is a residential building situated on South Rigg, Hexham, NE46 with 2 addresses.
It ranks as the 6th largest and 128th most expensive of the 203 buildings in the NE46 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
1 South Rigg is a residential building situated on South Rigg, Hexham, NE46 with 2 addresses.
It ranks as the 6th largest and 128th most expensive of the 203 buildings in the NE46 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £174,843 for 2 bedroom leasehold flats (861 ft2) to £210,776 for 3 bedroom leasehold flats with a garden (1,248 ft2) .
Monthly rental prices range from £887 pcm for 2 bed flats to £906 pcm for 3 bed flats.
The gross rental yield is between 5.2% and 6.1%.
The average value per square foot is £186.
The last sale in 1 South Rigg sold for £160,000 on 16th January 2015. Since then prices are up an average of 20.5%.
The current average value in the building is £192,809.
The 1 South Rigg Sales Market has increased by 16.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £192,809 |
| April 2025 | -0.2% | £186,999 |
| April 2024 | 0.6% | £187,301 |
| April 2023 | 4.4% | £186,171 |
| April 2022 | 3.4% | £178,274 |
| April 2021 | 4% | £172,448 |
| April 2020 | -2.7% | £165,740 |
| April 2019 | 3.7% | £170,281 |
| April 2018 | -5.8% | £164,173 |
| April 2017 | 5.3% | £174,251 |
| April 2016 | 4% | £165,485 |
| April 2015 | -1.1% | £159,060 |
| April 2014 | 1.9% | £160,863 |
| April 2013 | -1.2% | £157,853 |
| April 2012 | 2.3% | £159,724 |
| April 2011 | -4.2% | £156,185 |
| April 2010 | -3.8% | £162,961 |
| April 2009 | -4.2% | £169,462 |
| April 2008 | 1.7% | £176,900 |
| April 2007 | 0% | £173,924 |
The current average rental value in the building is £896.
The 1 South Rigg Rental Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £896pcm |
| April 2025 | 6.8% | £872pcm |
| April 2024 | 7.6% | £816pcm |
| April 2023 | 5.6% | £759pcm |
| April 2022 | 8.3% | £719pcm |
| April 2021 | 2% | £663pcm |
| April 2020 | 1.5% | £651pcm |
| April 2019 | -1% | £641pcm |
| April 2018 | 0.9% | £648pcm |
| April 2017 | -1.6% | £642pcm |
| April 2016 | 3.2% | £653pcm |
| April 2015 | -1.1% | £632pcm |
| April 2014 | 1.2% | £640pcm |
| April 2013 | -2% | £632pcm |
| April 2012 | -0.9% | £645pcm |
| April 2011 | 1% | £651pcm |
| April 2010 | -1% | £645pcm |
| April 2009 | -5.6% | £651pcm |
| April 2008 | 2.8% | £689pcm |
| April 2007 | 0% | £671pcm |
The last sale was on 16th January 2015 for £160,000 and since then the market in the area has increased by 20.5%. The building has had a total of 6 sales since 1995.
1, South Rigg, Hexham, NE46 3EQ has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 1, South Rigg, Hexham, NE46 3EQ is Hexham station which is 1.0 kilometres away.
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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 1, South Rigg, Hexham, NE46 3EQ, 45.1% of property is privately owned outright and 31.2% is privately owned with a mortgage.
The graph below shows how this compares to North East 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 1, South Rigg, Hexham, NE46 3EQ, 15.7% of residents are recorded as possessing school level qualifications and 48.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, South Rigg, Hexham, NE46 3EQ, 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 1, South Rigg, Hexham, NE46 3EQ, 0.4% 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 1, South Rigg, Hexham, NE46 3EQ, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.