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According to the public record, 17, Craneshaugh Close, Hexham is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Craneshaugh Close, Hexham is £97,596 and the estimated rental value is £708 per month.
Craneshaugh Close, Hexham, NE46 is located within the NE46 postal district.
17, Craneshaugh Close, Hexham has 31 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 17, Craneshaugh Close, Hexham is in very good condition we estimate a sale value of £102,476 and a rental value of £743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,764 and a rental value of £658 per month.
Over the last 12 months the sale value of 17 Craneshaugh Close Hexham has increased by an estimated £2,796 (2.9%) and its rental value has increased by an estimated £18 per month (2.6%), giving an expected gross yield of 8.7%.
17, Craneshaugh Close, Hexham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 17, Craneshaugh Close, Hexham was last sold on 26th January 2024 for £95,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2024, the market for similar properties has dropped 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Craneshaugh Close, Hexham within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 7 Tyne Green Mews, Hexham, NE46 3HB, a leasehold flat which sold for £109,250 on the 21st May 2024.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Craneshaugh Close, Hexham, NE46 has a total of 19 addresses. According to our analysis of all the public data, 17, Craneshaugh Close, Hexham is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £216k less expensive than the average property in NE46.
The closest station to 17, Craneshaugh Close, Hexham is Hexham station which is 1.2 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Craneshaugh Close, Hexham, 45.8% of property is privately owned outright and 36.8% 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 17, Craneshaugh Close, Hexham, 19.4% of residents are recorded as possessing school level qualifications and 54.8% 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 17, Craneshaugh 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 17, Craneshaugh Close, Hexham, 2.9% 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 17, Craneshaugh Close, Hexham, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
