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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 4, River View, Hexham is £118,047 and the estimated rental value is £645 per month.
River View, Hexham, NE46 is located within the NE46 postal district.
4, River View, Hexham has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 4, River View, Hexham is in very good condition we estimate a sale value of £123,949 and a rental value of £678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,783 and a rental value of £600 per month.
Over the last 12 months the sale value of 4 River View Hexham has increased by an estimated £3,962 (3.4%) and its rental value has increased by an estimated £20 per month (3.1%), giving an expected gross yield of 6.6%.
4, River View, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, River View, Hexham was last sold on 13th July 1999 for £31,999 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, River View, Hexham within a radius of 680 metres over the last 2 years.
The most recent example is 4, Hencotes Mews, Hexham, NE46 2DZ, a leasehold flat which sold for £50,000 on the 11th November 2019.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
River View, Hexham, NE46 has a total of 4 addresses. According to our analysis of all the public data, 4, River View, Hexham is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in NE46.
The closest station to 4, River View, Hexham is Hexham station which is 600 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 4, River View, Hexham, 41.6% of property is privately owned outright and 36.8% is privately rented.
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 4, River View, Hexham, 5.7% of residents are recorded as possessing school level qualifications and 32.0% 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 4, River View, 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 4, River View, Hexham, 2.8% 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 4, River View, Hexham, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.