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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2 Bush Cottages is a period freehold house with 861 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Bush Cottages is £319,064 and the estimated rental value is £1,409 per month.
Hexham, NE46 is located within the NE46 postal district.
2 Bush Cottages has 31 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated April 2016.
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 2 Bush Cottages is in very good condition we estimate a sale value of £335,017 and a rental value of £1,480 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,729 and a rental value of £1,311 per month.
Over the last 12 months the sale value of 2 Bush Cottages has increased by an estimated £14,341 (4.5%) and its rental value has increased by an estimated £61 per month (4.3%), giving an expected gross yield of 5.3%.
2 Bush Cottages has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Apr 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 2 Bush Cottages was last sold on 10th September 2020 for £260,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2020, the market for similar properties has risen 42.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Bush Cottages within a radius of 5.5 kilometres over the last 2 years.
The most recent example is The Cottage, Town Hall Place, Hexham, NE47 5AR, a freehold house which sold for £295,000 on the 13th September 2023.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hexham, NE46 has a total of 419 addresses. According to our analysis of all the public data, 2 Bush Cottages is the 301st largest and the 221st most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in NE46.
The closest station to 2 Bush Cottages is Haydon Bridge station which is 3.2 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 2 Bush Cottages, 43.5% of property is privately rented and 39.7% 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 2 Bush Cottages, 12.7% of residents are recorded as possessing school level qualifications and 37.8% 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 2 Bush Cottages, 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 2 Bush Cottages, 1.3% 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 2 Bush Cottages, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
