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Company No. 11113204
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According to the public record, 2 Eilansgate House, Hexham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 709 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 2 Eilansgate House, Hexham is £241,101 and the estimated rental value is £1,242 per month.
The apartment is within Eilansgate House, Eilansgate, Hexham, NE46.
Eilansgate, Hexham, NE46 is located within the NE46 postal district.
2 Eilansgate House, Hexham has 2 entries in the Land Registry , most recently in October 2013 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 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 Eilansgate House, Hexham is in very good condition we estimate a sale value of £253,156 and a rental value of £1,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,224 and a rental value of £1,156 per month.
Over the last 12 months the sale value of 2 Eilansgate House Hexham has increased by an estimated £6,906 (2.9%) and its rental value has increased by an estimated £32 per month (2.6%), giving an expected gross yield of 6.2%.
According to HM Land Registry, 2 Eilansgate House, Hexham was last sold on 31st October 2013 for £177,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2013, the market for similar properties has dropped 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Eilansgate House, Hexham within a radius of 720 metres over the last 2 years.
The most recent example is 4, West Quarter, Hexham, NE46 3RJ, a leasehold flat which sold for £270,000 on the 20th September 2024.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eilansgate, Hexham, NE46 has a total of 19 addresses. According to our analysis of all the public data, 2 Eilansgate House, Hexham is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in NE46.
The closest station to 2 Eilansgate House, Hexham is Hexham station which is 1.0 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 2 Eilansgate House, Hexham, 61.2% of property is privately owned outright and 25.9% 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 2 Eilansgate House, Hexham, 15.3% of residents are recorded as possessing school level qualifications and 50.0% 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 Eilansgate House, 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 Eilansgate House, Hexham, 2.6% 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 2 Eilansgate House, 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.
