2, Lea Terrace
2, Lea Terrace
Description & Estimates
2, Lea Terrace, Hexham is recorded publicly as a modern freehold house across 559 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Lea Terrace, Hexham is £405,830 and its rental estimate is £1,723 per month, given the available information and assuming reasonable condition.
Lea Terrace, Allenheads, Hexham, NE47 falls within the NE47 postal district.
Our Data Sources
2, Lea Terrace, Hexham has 21 entries in the Land Registry , most recently in February 2007 and a single entry in the EPC database dated June 2025.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Lea Terrace, Hexham, we estimate a market value of £426,122 and a rental value of £1,809 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £377,422 and £1,603 per month respectively.
Recent Market Change
Over the last year, 2, Lea Terrace, Hexham has seen its estimated sale value grow by £14,750 (3.6%) and its estimated rental value climb by £78 per month (4.5%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
2, Lea Terrace, Hexham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2025.
The property is connected to mains gas and has high performance glazing. It is heated using Water source heat pump, radiators, electric.
Sold Prices
The most recent sale of 2, Lea Terrace, Hexham completed on 7th February 2007 at £295,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 7.8% over the period since February 2007.
- Sold Feb 2007£295,000
- Sold Nov 2005£186,300
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 10.8 kilometres of 2, Lea Terrace, Hexham, per the Land Registry and our network of Estate Agents.
The latest, on the 10th September 2024, was 2, Lea Hall Cottages, Hexham, NE47 9JB, a freehold house which sold for £392,000.
Read more about house prices in NE47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 6 addresses on Lea Terrace, Allenheads, Hexham, NE47, 2, Lea Terrace, Hexham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £143k more expensive than the average property across the NE47 district.
More reading links
Schools Nearby
- 5.6kmWearhead Primary School
- 7.5kmSt John's Chapel Primary School
- 8.3kmNenthead Primary School
- 14.2kmSamuel King's School
- 19.4kmHaydon Bridge High School
- 19.8kmQueen Elizabeth High School
More reading links
Public Transport Nearby
From 2, Lea Terrace, Hexham, the nearest station is Haydon Bridge, 19.4 kilometres away.
- 19.4kmHaydon Bridge
- 20.8kmHexham
- 20.9kmBardon Mill
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
