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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
According to the public record, 2 Holly Court, South Park, Hexham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 867 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 Holly Court, South Park, Hexham is £226,983 and the estimated rental value is £1,082 per month.
The apartment is within 2, South Park, Hexham, NE46.
South Park, Hexham, NE46 is located within the NE46 postal district.
2 Holly Court, South Park, Hexham has a single entry in the Land Registry from July 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Holly Court, South Park, Hexham is in very good condition we estimate a sale value of £238,332 and a rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,094 and a rental value of £1,006 per month.
Over the last 12 months the sale value of 2 Holly Court South Park Hexham has increased by an estimated £6,502 (2.9%) and its rental value has increased by an estimated £28 per month (2.6%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 2 Holly Court, South Park, Hexham was last sold on 25th July 2008 for £225,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2008, the market for similar properties has dropped 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Holly Court, South Park, Hexham within a radius of 700 metres over the last 2 years.
The most recent example is 5 High Gables, South Park, Hexham, NE46 1QU, a leasehold flat which sold for £180,000 on the 18th August 2023.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Park, Hexham, NE46 has a total of 33 addresses. According to our analysis of all the public data, 2 Holly Court, South Park, Hexham is the 32nd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in NE46.
The closest station to 2 Holly Court, South Park, Hexham is Hexham station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 Holly Court, South Park, Hexham, 62.2% of property is privately owned outright and 22.0% 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 Holly Court, South Park, Hexham, 12.9% of residents are recorded as possessing school level qualifications and 55.5% 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 Holly Court, South Park, 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 Holly Court, South Park, Hexham, 2.7% 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 Holly Court, South Park, Hexham, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
