Red Lead Mill, Hexham
Red Lead Mill, Hexham
Description & Estimates
According to the public record, Red Lead Mill, Hexham is an early-century house with 1,313 ft2 of internal area and sits on a 733 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 Red Lead Mill, Hexham is £462,592 and the estimated rental value is £1,570 per month.
Steel, Hexham, NE47 is located within the NE47 postal district.
Our Data Sources
Red Lead Mill, Hexham has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data 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.
Price Range & Condition
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 Red Lead Mill, Hexham is in very good condition we estimate a sale value of £485,722 and a rental value of £1,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,211 and a rental value of £1,460 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Red Lead Mill, Hexham has risen by £9,805 (2.1%), while its estimated rental value has moved up by £64 per month (4.0%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Plot Size
According to data from HM Land Registry, Red Lead Mill, Hexham sits on a plot of 733 m2.
Energy Efficiency
Red Lead Mill, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Aug 2023.
The property is not connected to mains gas and has single glazed windows. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Red Lead Mill, Hexham within a radius of 6.3 kilometres over the last 2 years.
The most recent example is South Croft, Hexham, NE47 0AD, a freehold house which sold for £476,000 on the 13th September 2024.
Read more about house prices in NE47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Steel, Hexham, NE47 has a total of 115 addresses. According to our analysis of all the public data, Red Lead Mill, Hexham is the 80th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £200k more expensive than the average property in NE47.
More reading links
Schools Nearby
- 700mWhitley Chapel Church of England First School
- 4.5kmSlaley First School
- 6.5kmHexham First School
- 6.7kmQueen Elizabeth High School
- 11.7kmHaydon Bridge High School
- 17.2kmPrudhoe Community High School
More reading links
Public Transport Nearby
The closest station to Red Lead Mill, Hexham is Hexham station, which is 7.2 kilometres away.
- 7.2kmHexham
- 8.5kmCorbridge
- 9.8kmRiding Mill
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
