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According to the public record, Red Lion House, Hexham is a period freehold house with 2,615 ft2 of internal area and sits on a 781 m2 plot.
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 Red Lion House, Hexham is £543,952 and the estimated rental value is £2,203 per month.
Corbridge Road, Hexham, NE46 is located within the NE46 postal district.
Red Lion House, Hexham has 2 entries in the Land Registry , most recently in January 2015 and a single entry in the EPC database dated October 2014.
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 Red Lion House, Hexham is in very good condition we estimate a sale value of £571,149 and a rental value of £2,313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £505,875 and a rental value of £2,049 per month.
Over the last 12 months the sale value of Red Lion House Hexham has increased by an estimated £14,981 (2.8%) and its rental value has increased by an estimated £38 per month (1.7%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, Red Lion House, Hexham sits on a plot of 781m2.
We have plot size data on 4 out of 5 other houses in the postcode and Red Lion House, Hexham sits on the 2nd largest plot.
Red Lion House, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Oct 2014.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Red Lion House, Hexham was last sold on 9th January 2015 for £405,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2015, the market for similar properties has risen 56.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Red Lion House, Hexham within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 25, Laurel Road, Hexham, NE46 1UQ, a freehold house which sold for £520,000 on the 20th May 2022.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corbridge Road, Hexham, NE46 has a total of 16 addresses. According to our analysis of all the public data, Red Lion House, Hexham is the 3rd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £225k more expensive than the average property in NE46.
The closest station to Red Lion House, Hexham is Hexham station which is 1.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Red Lion House, Hexham, 45.8% of property is privately owned outright and 36.8% 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 Red Lion House, Hexham, 19.4% of residents are recorded as possessing school level qualifications and 54.8% 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 Red Lion House, Hexham, 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 Red Lion House, Hexham, 2.9% 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 Red Lion House, Hexham, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
