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According to the public record, 2, Millfield Terrace, Hexham is a period house with 516 ft2 of internal area and sits on a 23.3 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Millfield Terrace, Hexham is £125,935 and the estimated rental value is £773 per month.
Millfield Terrace, Bardon Mill, Hexham, NE47 is located within the NE47 postal district.
2, Millfield Terrace, Hexham has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data 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.
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, Millfield Terrace, Hexham is in very good condition we estimate a sale value of £132,232 and a rental value of £811 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,120 and a rental value of £719 per month.
Over the last 12 months the sale value of 2 Millfield Terrace Hexham has increased by an estimated £4,577 (3.6%) and its rental value has increased by an estimated £35 per month (4.5%), giving an expected gross yield of 7.4%.
According to data from HM Land Registry, 2, Millfield Terrace, Hexham sits on a plot of 23m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Millfield Terrace, Hexham sits on the 3rd largest plot.
2, Millfield Terrace, Hexham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 29 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Millfield Terrace, Hexham within a radius of 7.0 kilometres over the last 2 years.
The most recent example is 47, Ratcliffe Road, Hexham, NE47 6ER, a leasehold house which sold for £45,307 on the 23rd August 2024.
Read more about house prices in NE47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millfield Terrace, Bardon Mill, Hexham, NE47 has a total of 4 addresses. According to our analysis of all the public data, 2, Millfield Terrace, Hexham is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in NE47.
The closest station to 2, Millfield Terrace, Hexham is Bardon Mill station which is 200 metres 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, Millfield Terrace, Hexham, 46.7% of property is privately owned outright and 27.5% 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, Millfield Terrace, Hexham, 13.9% of residents are recorded as possessing school level qualifications and 44.6% 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, Millfield Terrace, Hexham, the average age was 48.3 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, Millfield Terrace, Hexham, 0.0% 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, Millfield Terrace, 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.
