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Company No. 11113204
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According to the public record, 5, Haugh Lane, Hexham is a period leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Haugh Lane, Hexham is £83,788 and the estimated rental value is £614 per month.
Haugh Lane, Hexham, NE46 is located within the NE46 postal district.
5, Haugh Lane, Hexham has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated March 2014.
We combine this information with that 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 5, Haugh Lane, Hexham is in very good condition we estimate a sale value of £87,978 and a rental value of £645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,923 and a rental value of £571 per month.
Over the last 12 months the sale value of 5 Haugh Lane Hexham has increased by an estimated £2,835 (3.4%) and its rental value has increased by an estimated £19 per month (3.1%), giving an expected gross yield of 8.8%.
5, Haugh Lane, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Haugh Lane, Hexham was last sold on 24th October 2014 for £61,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2014, the market for similar properties has risen 44.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Haugh Lane, Hexham within a radius of 690 metres over the last 2 years.
The most recent example is 27, Pudding Mews, Hexham, NE46 3SW, a leasehold flat which sold for £87,500 on the 31st May 2023.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Haugh Lane, Hexham, NE46 has a total of 34 addresses. According to our analysis of all the public data, 5, Haugh Lane, Hexham is the 23rd largest and the 15th most expensive property on the street.
When compared to the postcode district it is £230k less expensive than the average property in NE46.
The closest station to 5, Haugh Lane, Hexham is Hexham station which is 400 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 5, Haugh Lane, 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 5, Haugh Lane, 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 5, Haugh Lane, 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 5, Haugh Lane, 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 5, Haugh Lane, 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.
