NE47 7HY is a residential postcode situated on Bardon Mill, Hexham, NE47 with 5 addresses.
It ranks as the 597th largest and 446th most expensive of the 1,032 postcodes in the NE47 area.
The postcode contains a total of 5 properties: 5 houses.
NE47 7HY is a residential postcode situated on Bardon Mill, Hexham, NE47 with 5 addresses.
It ranks as the 597th largest and 446th most expensive of the 1,032 postcodes in the NE47 area.
The postcode contains a total of 5 properties: 5 houses.
Sale prices range from £222,134 for 3 bedroom freehold houses with a garden (881 ft2) to £298,131 for 3 bedroom freehold houses with a garden (1,237 ft2) .
Monthly rental prices range from £1,062 pcm for 3 bed houses to £1,124 pcm for 3 bed houses.
The gross rental yield is between 4.4% and 5.8%.
The average value per square foot is £252.
The last sale in NE47 7HY sold for £325,000 on 11th September 2018. Since then prices are up an average of 31.4%.
The current average value in the postcode is £257,879.
The NE47 7HY Sales Market has increased by 35.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £257,879 |
| April 2025 | 1.2% | £249,931 |
| April 2024 | 2.1% | £246,930 |
| April 2023 | 3.3% | £241,805 |
| April 2022 | 4% | £233,971 |
| April 2021 | 14.4% | £224,906 |
| April 2020 | 0.3% | £196,663 |
| April 2019 | 0.2% | £196,113 |
| April 2018 | 5.3% | £195,807 |
| April 2017 | -2.3% | £185,939 |
| April 2016 | 2.6% | £190,296 |
| April 2015 | 1.3% | £185,454 |
| April 2014 | -3.8% | £182,989 |
| April 2013 | -1.3% | £190,165 |
| April 2012 | 5.8% | £192,729 |
| April 2011 | -1.7% | £182,235 |
| April 2010 | -4.2% | £185,364 |
| April 2009 | -9.5% | £193,535 |
| April 2008 | 3.1% | £213,968 |
| April 2007 | 0% | £207,526 |
The current average rental value in the postcode is £1,086.
The NE47 7HY Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £1,086pcm |
| April 2025 | 8.9% | £1,042pcm |
| April 2024 | 7% | £957pcm |
| April 2023 | 8% | £894pcm |
| April 2022 | 11.1% | £828pcm |
| April 2021 | 4.2% | £745pcm |
| April 2020 | 1.8% | £715pcm |
| April 2019 | -0.4% | £702pcm |
| April 2018 | 2.6% | £705pcm |
| April 2017 | 0.1% | £687pcm |
| April 2016 | 3.7% | £686pcm |
| April 2015 | -1.2% | £662pcm |
| April 2014 | 2.2% | £670pcm |
| April 2013 | 0% | £655pcm |
| April 2012 | -0.4% | £655pcm |
| April 2011 | 0.1% | £658pcm |
| April 2010 | 1.2% | £657pcm |
| April 2009 | -6.1% | £649pcm |
| April 2008 | 3.2% | £692pcm |
| April 2007 | 0% | £670pcm |
The last sale was on 11th September 2018 for £325,000 and since then the market in the area has increased by 31.4%. The postcode has had a total of 4 sales since 1995.
NE47 7HY has seen no sales in the last three years and no sales in the last twelve months.
NE47 7HY is the 597th largest and the 446th most expensive postcode out of the 1,032 postcodes in the NE47 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE47 7HY, 46.7% of property is privately owned outright and 27.5% 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 NE47 7HY, 13.9% of residents are recorded as possessing school level qualifications and 44.6% 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 NE47 7HY, 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 NE47 7HY, 0.0% 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 NE47 7HY, 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.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.