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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1A, South Rigg, Hexham is £174,843 and the estimated rental value is £887 per month.
The apartment is within 1, South Rigg, Hexham, NE46.
South Rigg, Hexham, NE46 is located within the NE46 postal district.
1A, South Rigg, Hexham has 31 entries in the Land Registry , most recently in January 2015 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 1A, South Rigg, Hexham is in very good condition we estimate a sale value of £183,585 and a rental value of £931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,604 and a rental value of £825 per month.
Over the last 12 months the sale value of 1A South Rigg Hexham has increased by an estimated £5,008 (2.9%) and its rental value has increased by an estimated £23 per month (2.6%), giving an expected gross yield of 6.1%.
1A, South Rigg, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2013.
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, 1A, South Rigg, Hexham was last sold on 16th January 2015 for £160,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2015, the market for similar properties has dropped 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, South Rigg, Hexham within a radius of 690 metres over the last 2 years.
The most recent example is 52, Bowman Drive, Hexham, NE46 3BU, a leasehold flat which sold for £164,600 on the 21st May 2025.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Rigg, Hexham, NE46 has a total of 4 addresses. According to our analysis of all the public data, 1A, South Rigg, Hexham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in NE46.
The closest station to 1A, South Rigg, Hexham is Hexham station which is 1.0 kilometres 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 1A, South Rigg, Hexham, 45.1% of property is privately owned outright and 31.2% 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 1A, South Rigg, Hexham, 15.7% of residents are recorded as possessing school level qualifications and 48.8% 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 1A, South Rigg, 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 1A, South Rigg, Hexham, 0.4% 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 1A, South Rigg, Hexham, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.