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According to the public record, 2, Chesters Meadow, Hexham is a modern freehold house with 1,786 ft2 of internal area and sits on a 405 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Chesters Meadow, Hexham is £492,103 and the estimated rental value is £1,799 per month.
Chesters Meadow, Humshaugh, Hexham, NE46 is located within the NE46 postal district.
2, Chesters Meadow, Hexham has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property 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 2, Chesters Meadow, Hexham is in very good condition we estimate a sale value of £516,708 and a rental value of £1,889 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,656 and a rental value of £1,673 per month.
Over the last 12 months the sale value of 2 Chesters Meadow Hexham has increased by an estimated £18,906 (3.8%) and its rental value has increased by an estimated £46 per month (2.6%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 2, Chesters Meadow, Hexham sits on a plot of 405m2.
We have plot size data on 19 out of 21 other houses in the postcode and 2, Chesters Meadow, Hexham sits on the 12th largest plot.
2, Chesters Meadow, Hexham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, 2, Chesters Meadow, Hexham was last sold on 26th April 2018 for £424,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2018, the market for similar properties has risen 22.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chesters Meadow, Hexham within a radius of 5.6 kilometres over the last 2 years.
The most recent example is 8, Chesters Meadow, Hexham, NE46 4BF, a freehold house which sold for £455,000 on the 16th November 2021.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chesters Meadow, Humshaugh, Hexham, NE46 has a total of 21 addresses. According to our analysis of all the public data, 2, Chesters Meadow, Hexham is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £173k more expensive than the average property in NE46.
The closest station to 2, Chesters Meadow, Hexham is Hexham station which is 6.9 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, Chesters Meadow, Hexham, 47.0% of property is privately owned outright and 24.3% is socially rented.
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, Chesters Meadow, Hexham, 16.8% of residents are recorded as possessing school level qualifications and 41.4% 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, Chesters Meadow, 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 2, Chesters Meadow, Hexham, 1.1% 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, Chesters Meadow, Hexham, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.