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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, Lark Rise is a period freehold house with 2,238 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Lark Rise is £588,437 and the estimated rental value is £1,963 per month.
Hexham, NE46 is located within the NE46 postal district.
Lark Rise has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated October 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 Lark Rise is in very good condition we estimate a sale value of £617,859 and a rental value of £2,061 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £547,247 and a rental value of £1,825 per month.
Over the last 12 months the sale value of Lark Rise has increased by an estimated £13,013 (2.2%) and its rental value has increased by an estimated £41 per month (2.1%), giving an expected gross yield of 4%.
Lark Rise has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Oct 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Lark Rise was last sold on 20th November 2024 for £560,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2024, the market for similar properties has risen 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lark Rise within a radius of 1.8 kilometres over the last 2 years.
The most recent example is Priory Lodge, Priory Drive, Hexham, NE46 4JX, a freehold house which sold for £575,000 on the 29th September 2023.
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, Lark Rise is the 85th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £275k more expensive than the average property in NE46.
The closest station to Lark Rise is Hexham station which is 1.2 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 Lark Rise, 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 Lark Rise, 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 Lark Rise, 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 Lark Rise, 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 Lark Rise, 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.
