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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, The Lantern, Hexham is a period house with 2,561 ft2 of internal area and sits on a 10,656 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 The Lantern, Hexham is £663,145 and the estimated rental value is £2,207 per month.
Acomb, Hexham, NE46 is located within the NE46 postal district.
The Lantern, Hexham has no records in the the Land Registry and a single entry in the EPC database dated January 2022.
We combine this information with public data 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 The Lantern, Hexham is in very good condition we estimate a sale value of £696,302 and a rental value of £2,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £616,725 and a rental value of £2,053 per month.
Over the last 12 months the sale value of The Lantern Hexham has increased by an estimated £14,665 (2.2%) and its rental value has increased by an estimated £47 per month (2.1%), giving an expected gross yield of 4%.
According to data from HM Land Registry, The Lantern, Hexham sits on a plot of 10656m2.
The Lantern, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jan 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Lantern, Hexham within a radius of 1.9 kilometres over the last 2 years.
The most recent example is The Burgage, Lily Mews, Hexham, NE46 4FE, a freehold house which sold for £550,000 on the 30th June 2021.
Read more about house prices in NE46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Acomb, Hexham, NE46 has a total of 64 addresses. According to our analysis of all the public data, The Lantern, Hexham is the 9th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £349k more expensive than the average property in NE46.
The closest station to The Lantern, Hexham is Hexham station which is 1.8 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 The Lantern, Hexham, 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 The Lantern, Hexham, 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 The Lantern, 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 The Lantern, Hexham, 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 The Lantern, Hexham, 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.
