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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, Hermitage Lodge is a period house with 775 ft2 of internal area.
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 Hermitage Lodge is £442,382 and the estimated rental value is £1,802 per month.
Hexham, NE46 is located within the NE46 postal district.
Hermitage Lodge has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Hermitage Lodge is in very good condition we estimate a sale value of £464,501 and a rental value of £1,892 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,415 and a rental value of £1,676 per month.
Over the last 12 months the sale value of Hermitage Lodge has increased by an estimated £19,884 (4.5%) and its rental value has increased by an estimated £78 per month (4.3%), giving an expected gross yield of 4.9%.
Hermitage Lodge has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jun 2019.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.4 kilometres radius of Hermitage Lodge over the last 2 years.
The most recent example is 2 Spital Cottages, Hexham, NE46 3RY, a freehold house which sold for £250,000 on the 25th November 2021.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hexham, NE46 has a total of 419 addresses. According to our analysis of all the public data, Hermitage Lodge is the 316th largest and the 156th most expensive property on the street.
When compared to the postcode district it is £129k more expensive than the average property in NE46.
The closest station to Hermitage Lodge is Hexham station which is 800 metres 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 Hermitage Lodge, 54.0% of property is privately owned outright and 22.2% 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 Hermitage Lodge, 15.6% of residents are recorded as possessing school level qualifications and 47.1% 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 Hermitage Lodge, 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 Hermitage Lodge, 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 Hermitage Lodge, there are an average of 2.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
