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According to the public record, Cragside Cottage, Hexham is a mid-century freehold house with 1,991 ft2 of internal area and sits on a 2,275 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Cragside Cottage, Hexham is £530,625 and the estimated rental value is £2,168 per month.
Gunnerton, Hexham, NE48 is located within the NE48 postal district.
Cragside Cottage, Hexham has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated June 2022.
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 Cragside Cottage, Hexham is in very good condition we estimate a sale value of £557,156 and a rental value of £2,277 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £493,481 and a rental value of £2,017 per month.
Over the last 12 months the sale value of Cragside Cottage Hexham has increased by an estimated £17,103 (3.2%) and its rental value has increased by an estimated £56 per month (2.6%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, Cragside Cottage, Hexham sits on a plot of 2275m2.
We have plot size data on 4 out of 4 other houses in the postcode and Cragside Cottage, Hexham sits on the largest plot.
Cragside Cottage, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Cragside Cottage, Hexham was last sold on 6th December 2022 for £488,494 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cragside Cottage, Hexham within a radius of 8.5 kilometres over the last 2 years.
The most recent example is 1, Mill House Farm, Hexham, NE48 4BH, a freehold house which sold for £480,000 on the 24th January 2023.
Read more about house prices in NE48.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gunnerton, Hexham, NE48 has a total of 58 addresses. According to our analysis of all the public data, Cragside Cottage, Hexham is the 9th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £166k more expensive than the average property in NE48.
The closest station to Cragside Cottage, Hexham is Hexham station which is 11.1 kilometres away.
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 Cragside Cottage, Hexham, 37.7% of property is privately owned outright and 32.0% 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 Cragside Cottage, Hexham, 16.0% of residents are recorded as possessing school level qualifications and 37.6% 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 Cragside Cottage, Hexham, the average age was 48.4 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 Cragside Cottage, Hexham, 0.8% 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 Cragside Cottage, Hexham, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
