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The Red House, Hexham is described in the public record as a period house with 1,270 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of The Red House, Hexham is £281,273 and its rental estimate is £1,448 per month, given the available information and assuming reasonable condition.
Swinburn, Hexham, NE48 falls within the NE48 postal district.
The Red House, Hexham has no records in the the Land Registry and a single entry in the EPC database dated September 2024.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For The Red House, Hexham, we estimate a market value of £295,337 and a rental value of £1,520 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £261,584 and £1,346 per month respectively.
Over the last year, The Red House, Hexham has seen its estimated sale value move up by £14,144 (5.0%) and its estimated rental value increase by £64 per month (4.4%). This results in an estimated gross rental yield of 6.2%.
The Red House, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Sep 2024.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, oil.
Over the past 2 years 3 properties similar to The Red House, Hexham have sold within a radius of 7.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th January 2024, was White Cottage, Hexham, NE48 4DG, a freehold house which sold for £250,000.
Read more about house prices in NE48.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 15 addresses on Swinburn, Hexham, NE48, The Red House, Hexham comes out as the 6th largest and the 10th most expensive in our analysis of the public data.
It is also £83k less expensive than the average property across the NE48 district.
From The Red House, Hexham, the nearest station is Hexham , 9.8 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around The Red House, Hexham, 37.7% of property is privately owned outright and 32.0% 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 Red House, Hexham, 16.0% of residents are recorded as possessing school level qualifications and 37.6% 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 Red House, Hexham, the average age was 48.4 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 Red House, Hexham, 0.8% 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 Red House, Hexham, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.