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According to the public record, 41, St. Matthews Road, Hexham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 488 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 41, St. Matthews Road, Hexham is £95,995 and the estimated rental value is £693 per month.
St. Matthews Road, Hexham, NE46 is located within the NE46 postal district.
41, St. Matthews Road, Hexham has a single entry in the Land Registry from May 2009 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 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 41, St. Matthews Road, Hexham is in very good condition we estimate a sale value of £100,795 and a rental value of £728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,275 and a rental value of £645 per month.
Over the last 12 months the sale value of 41 St. Matthews Road Hexham has increased by an estimated £2,750 (2.9%) and its rental value has increased by an estimated £18 per month (2.6%), giving an expected gross yield of 8.7%.
According to HM Land Registry, 41, St. Matthews Road, Hexham was last sold on 22nd May 2009 for £85,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 34.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, St. Matthews Road, Hexham within a radius of 730 metres over the last 2 years.
The most recent example is 8, Wydon Park, Hexham, NE46 2BX, a leasehold flat which sold for £85,000 on the 20th April 2018.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Matthews Road, Hexham, NE46 has a total of 51 addresses. According to our analysis of all the public data, 41, St. Matthews Road, Hexham is the 49th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in NE46.
The closest station to 41, St. Matthews Road, Hexham is Hexham station which is 1.5 kilometres 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 41, St. Matthews Road, Hexham, 56.4% of property is socially rented and 18.0% 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 41, St. Matthews Road, Hexham, 11.0% of residents are recorded as possessing school level qualifications and 21.3% 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 41, St. Matthews Road, 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 41, St. Matthews Road, Hexham, 0.5% 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 41, St. Matthews Road, 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.