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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, River Meadow, Hexham is a modern freehold house with 1,033 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, River Meadow, Hexham is £406,024 and the estimated rental value is £1,807 per month.
River Meadow, Wark, Hexham, NE48 is located within the NE48 postal district.
2, River Meadow, Hexham has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, River Meadow, Hexham is in very good condition we estimate a sale value of £426,325 and a rental value of £1,898 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,602 and a rental value of £1,681 per month.
Over the last 12 months the sale value of 2 River Meadow Hexham has increased by an estimated £16,640 (4.1%) and its rental value has increased by an estimated £79 per month (4.4%), giving an expected gross yield of 5.3%.
2, River Meadow, Hexham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
According to HM Land Registry, 2, River Meadow, Hexham was last sold on 29th September 2023 for £390,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has risen 66.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, River Meadow, Hexham within a radius of 8.9 kilometres over the last 2 years.
The most recent example is 4, River Meadow, Hexham, NE48 3BY, a freehold house which sold for £385,950 on the 17th May 2024.
Read more about house prices in NE48.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
River Meadow, Wark, Hexham, NE48 has a total of 16 addresses. According to our analysis of all the public data, 2, River Meadow, Hexham is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in NE48.
The closest station to 2, River Meadow, Hexham is Haydon Bridge station which is 13.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, River Meadow, Hexham, 38.3% of property is socially rented and 37.4% is privately owned outright.
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, River Meadow, Hexham, 10.3% of residents are recorded as possessing school level qualifications and 25.6% 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, River Meadow, Hexham, the average age was 48.4 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, River Meadow, 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, River Meadow, 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.
