Thorneyburn Cottage, Hexham
Thorneyburn Cottage, Hexham
Description & Estimates
Thorneyburn Cottage, Hexham appears in the public record as a freehold house sitting on a 941 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 878 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of Thorneyburn Cottage, Hexham is £256,205 and its rental estimate is £1,531 per month, given the available information and assuming reasonable condition.
Falstone, Hexham, NE48 falls within the NE48 postal district.
Our Data Sources
Thorneyburn Cottage, Hexham has a single entry in the Land Registry from March 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Thorneyburn Cottage, Hexham, we estimate a market value of £269,015 and a rental value of £1,608 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £238,271 and £1,424 per month respectively.
Recent Market Change
Over the last year, Thorneyburn Cottage, Hexham has seen its estimated sale value grow by £12,884 (5.0%) and its estimated rental value climb by £67 per month (4.4%). This results in an estimated gross rental yield of 7.2%.
Plot Size
HM Land Registry records the plot of land for Thorneyburn Cottage, Hexham as measuring 941 m2.
That makes it the 3rd largest plot in the postcode, where 4 of the 5 other houses have recorded plot data.
Sold Prices
The most recent sale of Thorneyburn Cottage, Hexham completed on 10th March 2016 at £150,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 97.4% over the period since March 2016.
- Sold Mar 2016£150,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Thorneyburn Cottage, Hexham have sold within a radius of 14.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th November 2020, was Crag Knowe, Hexham, NE48 1PS, a freehold house which sold for £225,999.
Read more about house prices in NE48.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 53 addresses on Falstone, Hexham, NE48, Thorneyburn Cottage, Hexham comes out as the 40th largest and the 41st most expensive in our analysis of the public data.
It is also £109k less expensive than the average property across the NE48 district.
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Schools Nearby
- 3.2kmGreenhaugh Primary School
- 8.7kmBellingham Primary School
- 13.3kmOtterburn Primary School
- 23.1kmHaydon Bridge High School
- 27.7kmQueen Elizabeth High School
- 34.6kmWilliam Howard School
More reading links
Public Transport Nearby
From Thorneyburn Cottage, Hexham, the nearest station is Bardon Mill, 22.0 kilometres away.
- 22.0kmBardon Mill
- 23.3kmHaydon Bridge
- 23.4kmHaltwhistle
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
