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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 Shankhead Farm, Hexham is £495,003 and the estimated rental value is £1,714 per month.
Bardon Mill, Hexham, NE47 is located within the NE47 postal district.
Shankhead Farm, Hexham has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated May 2016.
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 Shankhead Farm, Hexham is in very good condition we estimate a sale value of £519,753 and a rental value of £1,800 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,353 and a rental value of £1,594 per month.
Over the last 12 months the sale value of Shankhead Farm Hexham has increased by an estimated £6,013 (1.2%) and its rental value has increased by an estimated £33 per month (2.0%), giving an expected gross yield of 4.2%.
Shankhead Farm, Hexham has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 04 May 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, anthracite.
According to HM Land Registry, Shankhead Farm, Hexham was last sold on 9th December 2020 for £429,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Shankhead Farm, Hexham within a radius of 7.2 kilometres over the last 2 years.
The most recent example is 17, Belmont Gardens, Hexham, NE47 6HG, a freehold house which sold for £378,500 on the 31st October 2022.
Read more about house prices in NE47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bardon Mill, Hexham, NE47 has a total of 193 addresses. According to our analysis of all the public data, Shankhead Farm, Hexham is the 14th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £230k more expensive than the average property in NE47.
The closest station to Shankhead Farm, Hexham is Bardon Mill station which is 2.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Shankhead Farm, Hexham, 50.3% of property is privately owned outright and 25.4% 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 Shankhead Farm, Hexham, 10.5% of residents are recorded as possessing school level qualifications and 45.8% 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 Shankhead Farm, Hexham, the average age was 48.3 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 Shankhead Farm, Hexham, 1.4% 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 Shankhead Farm, Hexham, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.