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As updated by Kirsty Hodgson- Bespoke Estate Agents - EXP in May 2024, 3, Kings Mews, Hexham is a modern leasehold apartment with 527 ft2 of internal area comprising 2 bedrooms.
The property has 978 years remaining on the lease.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Kings Mews, Hexham is £137,515 and the estimated rental value is £708 per month.
Kings Mews, Hexham, NE46 is located within the NE46 postal district.
3, Kings Mews, Hexham has been updated by Kirsty Hodgson- Bespoke Estate Agents - EXP. This data along with public information allows us to provide estimates for both this and neighbouring properties.
The local information is scored as 4 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 3, Kings Mews, Hexham is in very good condition we estimate a sale value of £144,390 and a rental value of £743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,889 and a rental value of £658 per month.
Over the last 12 months the sale value of 3 Kings Mews Hexham has increased by an estimated £4,090 (3.0%) and its rental value has increased by an estimated £12 per month (1.7%), giving an expected gross yield of 6.2%.
3, Kings Mews, Hexham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to Kirsty Hodgson- Bespoke Estate Agents - EXP and HM Land Registry, 3, Kings Mews, Hexham was last sold on 10th May 2024 for £139,000 and was recorded as a leasehold flat.
The selling agent was Kirsty Hodgson- Bespoke Estate Agents - EXP. The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has dropped 21.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Kings Mews, Hexham within a radius of 620 metres over the last 2 years.
The most recent example is 3 The Old Church, Hexham, NE46 1NG, a leasehold flat which sold for £85,000 on the 13th September 2024.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Mews, Hexham, NE46 has a total of 18 addresses. According to our analysis of all the public data, 3, Kings Mews, Hexham is the 18th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in NE46.
The closest station to 3, Kings Mews, Hexham is Hexham station which is 700 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 very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Kings Mews, Hexham, 41.8% of property is privately rented and 38.5% 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 3, Kings Mews, Hexham, 9.7% of residents are recorded as possessing school level qualifications and 34.8% 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 3, Kings Mews, 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 3, Kings Mews, Hexham, 0.6% 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 3, Kings Mews, Hexham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
