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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
According to the public record, Venture Lea, Hexham is a period freehold house with 1,076 ft2 of internal area and sits on a 237 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 Venture Lea, Hexham is £243,034 and the estimated rental value is £1,093 per month.
Catton, Hexham, NE47 is located within the NE47 postal district.
Venture Lea, Hexham has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 Venture Lea, Hexham is in very good condition we estimate a sale value of £255,186 and a rental value of £1,148 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,022 and a rental value of £1,017 per month.
Over the last 12 months the sale value of Venture Lea Hexham has increased by an estimated £11,356 (4.7%) and its rental value has increased by an estimated £46 per month (4.2%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, Venture Lea, Hexham sits on a plot of 237m2.
We have plot size data on 17 out of 19 other houses in the postcode and Venture Lea, Hexham sits on the 9th largest plot.
Venture Lea, Hexham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Venture Lea, Hexham was last sold on 20th June 2019 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2019, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Venture Lea, Hexham within a radius of 7.1 kilometres over the last 2 years.
The most recent example is Brant Garth, Hexham, NE47 9QH, a freehold house which sold for £240,000 on the 22nd March 2024.
Read more about house prices in NE47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Catton, Hexham, NE47 has a total of 121 addresses. According to our analysis of all the public data, Venture Lea, Hexham is the 90th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in NE47.
The closest station to Venture Lea, Hexham is Haydon Bridge station which is 6.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Venture Lea, Hexham, 61.1% of property is privately owned outright and 24.2% 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 Venture Lea, Hexham, 12.2% of residents are recorded as possessing school level qualifications and 51.8% 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 Venture Lea, 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 Venture Lea, Hexham, 0.3% 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 Venture Lea, 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.
