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According to the public record, 2 Intake Way is a modern freehold house with 2,066 ft2 of internal area and sits on a 2,033 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Intake Way is £595,303 and the estimated rental value is £1,981 per month.
Hexham, NE46 is located within the NE46 postal district.
2 Intake Way has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Intake Way is in very good condition we estimate a sale value of £625,068 and a rental value of £2,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £553,632 and a rental value of £1,843 per month.
Over the last 12 months the sale value of 2 Intake Way has increased by an estimated £13,165 (2.2%) and its rental value has increased by an estimated £42 per month (2.1%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 2 Intake Way sits on a plot of 2033m2.
We have plot size data on 8 out of 12 other houses in the postcode and 2 Intake Way sits on the 7th largest plot.
2 Intake Way has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 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, 2 Intake Way was last sold on 17th May 2024 for £540,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has risen 9.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Intake Way within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 4, Robson Drive, Hexham, NE46 2HZ, a freehold house which sold for £450,000 on the 30th September 2022.
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 Intake Way is the 105th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £281k more expensive than the average property in NE46.
The closest station to 2 Intake Way is Hexham station which is 1.9 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 Intake Way, 59.9% of property is privately owned outright and 30.3% 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 Intake Way, 18.2% of residents are recorded as possessing school level qualifications and 62.2% 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 Intake Way, 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 Intake Way, 3.2% 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 Intake Way, 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.