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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Target Cottage is a period freehold house with 1,937 ft2 of internal area and sits on a 3,920 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 Target Cottage is £871,512 and the estimated rental value is £2,900 per month.
Hexham, NE46 is located within the NE46 postal district.
Target Cottage has a single entry in the Land Registry from January 2015 and a single entry in the EPC database dated August 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 Target Cottage is in very good condition we estimate a sale value of £915,088 and a rental value of £3,045 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £810,506 and a rental value of £2,697 per month.
Over the last 12 months the sale value of Target Cottage has increased by an estimated £19,273 (2.2%) and its rental value has increased by an estimated £61 per month (2.1%), giving an expected gross yield of 4%.
According to data from HM Land Registry, Target Cottage sits on a plot of 3920m2.
Target Cottage has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 12 Aug 2014.
The property is not connected to mains gas and has some secondary glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Target Cottage was last sold on 16th January 2015 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2015, the market for similar properties has risen 48.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Target Cottage within a radius of 1.9 kilometres over the last 2 years.
The most recent example is The Barracks, Main Street, Hexham, NE46 4PW, a freehold house which sold for £362,500 on the 29th April 2010.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hexham, NE46 has a total of 419 addresses. According to our analysis of all the public data, Target Cottage is the 119th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £558k more expensive than the average property in NE46.
The closest station to Target Cottage is Hexham station which is 1.3 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 Target Cottage, 54.0% of property is privately owned outright and 22.2% is privately rented.
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 Target Cottage, 15.6% of residents are recorded as possessing school level qualifications and 47.1% 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 Target Cottage, 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 Target Cottage, 2.8% 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 Target Cottage, there are an average of 2.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
