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According to the public record, 2, South Gables, Hexham is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, South Gables, Hexham is £162,315 and the estimated rental value is £661 per month.
South Gables, Haydon Bridge, Hexham, NE47 is located within the NE47 postal district.
2, South Gables, Hexham has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated August 2017.
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, South Gables, Hexham is in very good condition we estimate a sale value of £170,431 and a rental value of £694 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,953 and a rental value of £614 per month.
Over the past 12 months, the estimated sale value of 2, South Gables, Hexham has moved up by £622 (0.4%), while its estimated rental value has increased by £15 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 4.9%.
2, South Gables, Hexham has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 02 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric storage heaters.
According to HM Land Registry, 2, South Gables, Hexham was last sold on 26th April 2023 for £149,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has risen by 20.6%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, South Gables, Hexham within a radius of 6.8 kilometres over the last 2 years.
The most recent example is 3A, Crossgate Cottages, Hexham, NE47 5DP, a leasehold flat which sold for £135,000 on the 17th January 2020.
Read more about house prices in NE47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Gables, Haydon Bridge, Hexham, NE47 has a total of 19 addresses. According to our analysis of all the public data, 2, South Gables, Hexham is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in NE47.
The closest station to 2, South Gables, Hexham is Haydon Bridge station, which is 400 metres 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 low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, South Gables, Hexham, 37.0% of property is privately owned outright and 28.3% 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, South Gables, Hexham, 19.7% of residents are recorded as possessing school level qualifications and 37.3% 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, South Gables, 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, South Gables, Hexham, 1.0% 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, South Gables, 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.