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According to the public record, Spring House Cottage, Hexham is a period freehold house with 1,915 ft2 of internal area and sits on a 859 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Spring House Cottage, Hexham is £582,549 and the estimated rental value is £1,888 per month.
Slaley, Hexham, NE47 is located within the NE47 postal district.
Spring House Cottage, Hexham has 21 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated June 2015.
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 Spring House Cottage, Hexham is in very good condition we estimate a sale value of £611,676 and a rental value of £1,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,770 and a rental value of £1,755 per month.
Over the last 12 months the sale value of Spring House Cottage Hexham has increased by an estimated £9,564 (1.6%) and its rental value has increased by an estimated £47 per month (2.5%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, Spring House Cottage, Hexham sits on a plot of 859m2.
Spring House Cottage, Hexham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 30 Jun 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, Spring House Cottage, Hexham was last sold on 24th June 2016 for £440,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2016, the market for similar properties has dropped 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Spring House Cottage, Hexham within a radius of 7.8 kilometres over the last 2 years.
The most recent example is The Bield, Colpitts Grange, Hexham, NE47 0BY, a freehold house which sold for £680,000 on the 13th September 2024.
Read more about house prices in NE47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Slaley, Hexham, NE47 has a total of 212 addresses. According to our analysis of all the public data, Spring House Cottage, Hexham is the 66th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £318k more expensive than the average property in NE47.
The closest station to Spring House Cottage, Hexham is Corbridge station which is 8.1 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 Spring House Cottage, Hexham, 52.1% of property is privately owned outright and 28.1% 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 Spring House Cottage, Hexham, 17.5% of residents are recorded as possessing school level qualifications and 44.4% 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 Spring House Cottage, 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 Spring House Cottage, Hexham, 3.0% 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 Spring House Cottage, Hexham, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
