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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Forest Lodge, Hexham is a period freehold house with 1,646 ft2 of internal area and sits on a 414 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 Forest Lodge, Hexham is £355,180 and the estimated rental value is £1,687 per month.
Stannersburn, Hexham, NE48 is located within the NE48 postal district.
Forest Lodge, Hexham has 21 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated July 2021.
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 Forest Lodge, Hexham is in very good condition we estimate a sale value of £372,939 and a rental value of £1,771 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,317 and a rental value of £1,569 per month.
Over the last 12 months the sale value of Forest Lodge Hexham has increased by an estimated £7,243 (2.0%) and its rental value has increased by an estimated £41 per month (2.4%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, Forest Lodge, Hexham sits on a plot of 414m2.
We have plot size data on 14 out of 18 other houses in the postcode and Forest Lodge, Hexham sits on the 9th largest plot.
Forest Lodge, Hexham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 Jul 2021.
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, Forest Lodge, Hexham was last sold on 30th September 2021 for £320,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has risen 46.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Forest Lodge, Hexham within a radius of 17.6 kilometres over the last 2 years.
The most recent example is 2, Yarrow Corner, Hexham, NE48 1BQ, a freehold house which sold for £300,000 on the 25th August 2023.
Read more about house prices in NE48.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stannersburn, Hexham, NE48 has a total of 18 addresses. According to our analysis of all the public data, Forest Lodge, Hexham is the 7th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in NE48.
The closest station to Forest Lodge, Hexham is Bardon Mill station which is 22.8 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 Forest Lodge, Hexham, 49.0% of property is privately owned outright and 25.0% 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 Forest Lodge, Hexham, 10.6% of residents are recorded as possessing school level qualifications and 30.9% 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 Forest Lodge, 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 Forest Lodge, Hexham, 1.4% 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 Forest Lodge, 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.
