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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, West Quarter, Hexham is a period leasehold apartment with 1,119 ft2 of internal area.
Apartments 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, West Quarter, Hexham is £285,459 and the estimated rental value is £1,222 per month.
West Quarter, Hexham, NE46 is located within the NE46 postal district.
2, West Quarter, Hexham has 31 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated September 2016.
We combine this information with that 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, West Quarter, Hexham is in very good condition we estimate a sale value of £299,732 and a rental value of £1,283 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,477 and a rental value of £1,137 per month.
Over the last 12 months the sale value of 2 West Quarter Hexham has increased by an estimated £9,581 (3.4%) and its rental value has increased by an estimated £38 per month (3.1%), giving an expected gross yield of 5.1%.
2, West Quarter, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, West Quarter, Hexham was last sold on 11th September 2017 for £269,960 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2017, the market for similar properties has dropped 25.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, West Quarter, Hexham within a radius of 910 metres over the last 2 years.
The most recent example is 3 Eilansgate House, Eilansgate, Hexham, NE46 3EJ, a leasehold flat which sold for £250,000 on the 15th December 2021.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Quarter, Hexham, NE46 has a total of 6 addresses. According to our analysis of all the public data, 2, West Quarter, Hexham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in NE46.
The closest station to 2, West Quarter, Hexham is Hexham station which is 1.4 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, West Quarter, Hexham, 62.2% of property is privately owned outright and 23.7% 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, West Quarter, Hexham, 12.6% of residents are recorded as possessing school level qualifications and 57.5% 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, West Quarter, 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, West Quarter, Hexham, 1.1% 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, West Quarter, Hexham, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
