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According to the public record, Gofton, Hexham is a period freehold house with 1,280 ft2 of internal area and sits on a 370,505 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Gofton, Hexham is £893,594 and the estimated rental value is £3,005 per month.
Wark, Hexham, NE48 is located within the NE48 postal district.
Gofton, Hexham has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated May 2023.
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 Gofton, Hexham is in very good condition we estimate a sale value of £938,273 and a rental value of £3,155 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £831,042 and a rental value of £2,795 per month.
Over the last 12 months the sale value of Gofton Hexham has increased by an estimated £36,621 (4.1%) and its rental value has increased by an estimated £131 per month (4.4%), giving an expected gross yield of 4%.
According to data from HM Land Registry, Gofton, Hexham sits on a plot of 370505m2.
Gofton, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 May 2023.
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, Gofton, Hexham was last sold on 29th February 2024 for £850,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2024, the market for similar properties has risen 64.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 9.6 kilometres radius of Gofton, Hexham over the last 2 years.
The most recent example is The Barns, Hexham, NE48 3DN, a freehold house which sold for £200,000 on the 9th September 2022.
Read more about house prices in NE48.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wark, Hexham, NE48 has a total of 222 addresses. According to our analysis of all the public data, Gofton, Hexham is the 138th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £542k more expensive than the average property in NE48.
The closest station to Gofton, Hexham is Haydon Bridge station which is 11.2 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 Gofton, Hexham, 42.5% of property is privately owned outright and 29.2% 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 Gofton, Hexham, 11.5% of residents are recorded as possessing school level qualifications and 42.5% 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 Gofton, 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 Gofton, Hexham, 0.0% 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 Gofton, Hexham, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
