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According to the public record, Springfield, Hexham is a modern freehold house with 1,313 ft2 of internal area and sits on a 732 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 Springfield, Hexham is £386,203 and the estimated rental value is £1,281 per month.
Slaley, Hexham, NE47 is located within the NE47 postal district.
Springfield, Hexham has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Springfield, Hexham is in very good condition we estimate a sale value of £405,513 and a rental value of £1,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,169 and a rental value of £1,191 per month.
Over the last 12 months the sale value of Springfield Hexham has increased by an estimated £18,045 (4.7%) and its rental value has increased by an estimated £54 per month (4.2%), giving an expected gross yield of 4%.
According to data from HM Land Registry, Springfield, Hexham sits on a plot of 732m2.
We have plot size data on 21 out of 28 other houses in the postcode and Springfield, Hexham sits on the 12th largest plot.
Springfield, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Apr 2014.
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, Springfield, Hexham was last sold on 18th May 2018 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has dropped 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Springfield, Hexham within a radius of 6.7 kilometres over the last 2 years.
The most recent example is Hillcrest, Hexham, NE47 0BQ, a freehold house which sold for £335,000 on the 27th 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, Springfield, Hexham is the 123rd largest and the 126th most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in NE47.
The closest station to Springfield, Hexham is Riding Mill station which is 5.5 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 Springfield, 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 Springfield, 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 Springfield, 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 Springfield, 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 Springfield, 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.
