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By comparing it to neighbours, we estimate that it is a modern apartment with 1,456 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 15, Long Close, Hexham is £234,932 and the estimated rental value is £986 per month.
Long Close, Hexham, NE46 is located within the NE46 postal district.
15, Long Close, Hexham has a single entry in the Land Registry from March 2008 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.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 15, Long Close, Hexham is in very good condition we estimate a sale value of £246,678 and a rental value of £1,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,486 and a rental value of £917 per month.
Over the last 12 months the sale value of 15 Long Close Hexham has increased by an estimated £6,658 (2.8%) and its rental value has increased by an estimated £25 per month (2.6%), giving an expected gross yield of 5%.
According to HM Land Registry, 15, Long Close, Hexham was last sold on 10th March 2008 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2008, the market for similar properties has risen 28.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Long Close, Hexham within a radius of 620 metres over the last 2 years.
The most recent example is 8 High Gables, South Park, Hexham, NE46 1QU, a leasehold flat which sold for £270,000 on the 2nd July 2024.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Long Close, Hexham, NE46 has a total of 21 addresses. According to our analysis of all the public data, 15, Long Close, Hexham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in NE46.
The closest station to 15, Long Close, Hexham is Hexham station which is 700 metres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 15, Long Close, Hexham, 41.8% of property is privately rented and 38.5% is privately owned outright.
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 15, Long Close, Hexham, 9.7% of residents are recorded as possessing school level qualifications and 34.8% 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 15, Long Close, 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 15, Long Close, 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 15, Long Close, Hexham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.