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House Prices in NE46 House Prices in NE46 (Hexham)

The average house price in NE46 (Hexham) is £295,093 using HM Land Registry data.

The average property price increased by £35,686 (7.81%) over the last 5 years and increased by £7,149 (1.34%) over the last 12 months.

Over the last year, there were 188 residential property sales – a decrease of 49 transactions (-26.06%) relative to the previous year. The majority of house sales (46) were in the £100,000 - £186,000 range. Then came properties in the £186,000 - £272,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 168 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,156 (-2%).

In January 2025, there were 22 new estate agency instructions, 20 agreed home sales and 12 property price reductions.

Nearby Postcodes: CA6, CA8, CA9, DH8, DL13, NE18, NE19, NE20, NE43, NE44, NE45, NE47, NE48, NE49, NE61, NE65, TD8, TD9

5-Year Average Property Prices in NE46 (Hexham)

7.81%

Property prices in NE46 (Hexham) increased by 7.81% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE46 (Hexham) Over the Last Year

1.34%

Property prices in NE46 (Hexham) increased by 1.34% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NE46 (Hexham) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE46 (Hexham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE46 (Hexham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE46 (Hexham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE46 (Hexham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE46 postcode area since 1995.

Recent Sales in NE46 (Hexham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Edgewood, Hexham, Northumberland, NE46 1LQ£310,000£300,000-£10,00003 Jul 202417 Dec 2024167 Days
124 Wydon Park, Hexham, Northumberland, NE46 2DA£225,000£219,000-£6,00029 Apr 202413 Dec 2024228 Days
12 Valley Court, Humshaugh, Hexham, Northumberland, NE46 4DD£570,000£570,000£007 Sep 202403 Dec 202487 Days
8 Falstone Way, Hexham, Northumberland, NE46 2DU£215,000£210,000-£5,00010 Jul 202427 Nov 2024140 Days
6 Mithras Court, Wall, Hexham, Northumberland, NE46 4DJ£415,000£383,000-£32,00024 Oct 202327 Nov 2024400 Days
8 Priestlands Avenue, Hexham, Northumberland, NE46 2AH£170,000£170,000£002 Jul 202425 Nov 2024146 Days
12 Garden House Drive, Acomb, Hexham, Northumberland, NE46 4RZ£375,000£372,000-£3,00024 May 202422 Nov 2024182 Days
Daleton, Cockshaw, Hexham, Northumberland, NE46 3EB£215,000£215,000£017 Jun 202415 Nov 2024151 Days
23 Leazes Park, Hexham, Northumberland, NE46 3AX£350,000£350,000£029 Apr 202414 Nov 2024199 Days
14 Priestlands Close, Hexham, Northumberland, NE46 2AW£180,000£180,000£023 May 202401 Nov 2024162 Days
Bilsmoor, Burswell Villas, Hexham, Northumberland, NE46 3LD£375,000£360,000-£15,00027 Jan 202401 Nov 2024279 Days
9 Glen Terrace, Hexham, Northumberland, NE46 3LA£275,999£268,000-£7,99923 May 202431 Oct 2024161 Days
4 Eastwood Grange Road, Hexham, Northumberland, NE46 1UE£175,000£175,000£024 Apr 202430 Oct 2024189 Days
5 St Johns Road, Hexham, Northumberland, NE46 2AT£190,000£188,950-£1,05020 Jun 202418 Oct 2024120 Days
9 South View Gardens, Hexham, Northumberland, NE46 2DQ£399,500£190,000-£209,50012 Apr 201411 Oct 20243835 Days
10 St Georges Road, Hexham, Northumberland, NE46 2HG£550,000£535,000-£15,00001 Nov 202301 Oct 2024335 Days
15 Leazes Crescent, Hexham, Northumberland, NE46 3JZ£315,000£315,000£018 May 202423 Aug 202497 Days
30 Burswell Avenue, Hexham, Northumberland, NE46 3JL£295,000£292,000-£3,00012 Apr 202422 Aug 2024132 Days
98 Millersfield, Acomb, Hexham, Northumberland, NE46 4RQ£195,000£190,000-£5,00015 Nov 202322 Aug 2024281 Days
9 Garden Terrace, Hexham, Northumberland, NE46 3PX£169,500£167,000-£2,50009 Apr 202414 Aug 2024127 Days

Most Expensive Streets in NE46 (Hexham)

PostcodeStreetAreaAverageNo. of Sales
NE46 2NLBreckon Hill, LowgateHexham£846,2504
NE46 4LUSandhoeHexham£788,3333
NE46 2NBAllendale RoadHexham£713,7506
NE46 3AGBeech HillHexham£700,0003
NE46 2HTElvaston Park RoadHexham£676,7504
NE46 2HDElvaston RoadHexham£672,7504
NE46 4JXPriory DriveHexham£610,0003
NE46 2HHElvaston RoadHexham£596,4905
NE46 2HNElvaston RoadHexham£587,6005
NE46 3BALeazes LaneHexham£585,0003

Least Expensive Streets in NE46 (Hexham)

PostcodeStreetAreaAverageNo. of Sales
NE46 1PNCounty MillsHexham£43,0003
NE46 3QHStephenson House, Haugh LaneHexham£54,2504
NE46 3QFGilesgateHexham£64,5004
NE46 3SWPudding MewsHexham£90,40020
NE46 1RNAbbey CourtHexham£103,15529
NE46 4RXChapel Close, AcombHexham£112,6734
NE46 3EUPrior TerraceHexham£116,1666
NE46 2BESt Pauls RoadHexham£116,3333
NE46 1EQAbbey ViewHexham£118,5836
NE46 3HBTyne Green MewsHexham£119,8756

Explore NE46 (Hexham) using map

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