Old Bank House, Hexham
Old Bank House, Hexham
Description & Estimates
Old Bank House, Hexham is recorded publicly as a period freehold house across 1,334 ft2 of internal area, sitting on a 95.2 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Old Bank House, Hexham is £256,242 and its rental estimate is £1,306 per month, given the available information and assuming reasonable condition.
Wark, Hexham, NE48 falls within the NE48 postal district.
Our Data Sources
Old Bank House, Hexham has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Old Bank House, Hexham, we estimate a market value of £269,054 and a rental value of £1,372 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £238,305 and £1,215 per month respectively.
Recent Market Change
Over the last year, Old Bank House, Hexham has seen its estimated sale value increase by £8,259 (3.2%) and its estimated rental value grow by £34 per month (2.6%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for Old Bank House, Hexham as measuring 95 m2.
That makes it the 10th largest plot in the postcode, where 9 of the 19 other houses have recorded plot data.
Energy Efficiency
Old Bank House, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Old Bank House, Hexham completed on 30th October 2020 at £265,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 71.1% over the period since October 2020.
- Sold Oct 2020£265,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Old Bank House, Hexham have sold within a radius of 8.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th June 2024, was 6, Church Lane, Hexham, NE48 3LX, a freehold house which sold for £195,000.
Read more about house prices in NE48.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 222 addresses on Wark, Hexham, NE48, Old Bank House, Hexham comes out as the 125th largest and the 153rd most expensive in our analysis of the public data.
It is also £108k less expensive than the average property across the NE48 district.
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Schools Nearby
- 200mWark Church of England Primary School
- 6.3kmBellingham Primary School
- 6.6kmChollerton Church of England Aided First School
- 12.7kmHaydon Bridge High School
- 14.6kmQueen Elizabeth High School
- 27.7kmPrudhoe Community High School
More reading links
Public Transport Nearby
From Old Bank House, Hexham, the nearest station is Haydon Bridge, 12.7 kilometres away.
- 12.7kmHaydon Bridge
- 14.9kmHexham
- 15.0kmBardon Mill
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
