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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, 2, Low Mill Cottages, Hexham is a period house with 1,291 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, Low Mill Cottages, Hexham is £365,871 and the estimated rental value is £1,225 per month.
Low Mill Cottages, Allendale, Hexham, NE47 is located within the NE47 postal district.
2, Low Mill Cottages, Hexham has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data 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, Low Mill Cottages, Hexham is in very good condition we estimate a sale value of £384,165 and a rental value of £1,286 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,260 and a rental value of £1,139 per month.
Over the last 12 months the sale value of 2 Low Mill Cottages Hexham has increased by an estimated £17,095 (4.7%) and its rental value has increased by an estimated £52 per month (4.2%), giving an expected gross yield of 4%.
2, Low Mill Cottages, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Aug 2020.
The property is not connected to mains gas and has some secondary glazing. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Low Mill Cottages, Hexham within a radius of 8.0 kilometres over the last 2 years.
The most recent example is Grove Cottage, Market Place, Hexham, NE47 9BD, a freehold house which sold for £315,000 on the 22nd July 2024.
Read more about house prices in NE47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Low Mill Cottages, Allendale, Hexham, NE47 has a total of 3 addresses. According to our analysis of all the public data, 2, Low Mill Cottages, Hexham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in NE47.
The closest station to 2, Low Mill Cottages, Hexham is Haydon Bridge station which is 8.0 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, Low Mill Cottages, Hexham, 52.5% of property is privately owned outright and 30.1% 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, Low Mill Cottages, Hexham, 12.5% of residents are recorded as possessing school level qualifications and 37.9% 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, Low Mill Cottages, 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, Low Mill Cottages, Hexham, 0.6% 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, Low Mill Cottages, Hexham, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
