House Prices in NE47 House Prices in NE47 (Hexham)

The average house price in NE47 (Hexham) is £412,857 using HM Land Registry data.

The average property price increased by £110,000 (36.4%) over the last 5 years and increased by £22,040 (5.13%) over the last 12 months.

Over the last year, there were 92 residential property sales – a decrease of 2 transactions (-2.17%) relative to the previous year. The majority of house sales (28) were in the £160,000 - £256,000 range. Then came properties in the £256,000 - £352,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 16 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,250 (-3%).

In Oct 24, there were 8 new estate agency instructions, 9 agreed home sales and 3 property price reductions.

5-Year Average Property Prices in NE47 (Hexham)

36.4%

Property prices in Hexham increased by 36.4% 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 NE47 (Hexham) Over the Last Year

5.13%

Property prices in Hexham increased by 5.13% 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 NE47 (Hexham) - Oct 24

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).

0 to 20 days is an encouraging sign and shows that homes, on average, are selling within 3 weeks of going to market. As long as the property is priced realistically, there's a good chance of getting an offer within this timeframe. There may even be evidence of homes selling for over the asking price. However, please be mindful of the fact that your local housing market could be at risk of overheating.

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 NE47 (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 NE47 (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 NE47 (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 NE47 (Hexham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE47 postcode area since 1995.

Recent Sales in NE47 (Hexham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Thorntree Close, Bardon Mill, Hexham, Northumberland, NE47 7DH£210,000£202,500-£7,50018 Sep 202323 Aug 2024340 Days
1 Rocksprings Crescent, Haydon Bridge, Hexham, Northumberland, NE47 6AT£300,000£300,000£0023 Jan 202413 Aug 2024203 Days
7 Ropehaugh Cottages, Ropehaugh, Hexham, Northumberland, NE47 9HF£179,950£170,000-£9,95021 May 202426 Jul 202466 Days
9 Denelands, Allendale, Hexham, Northumberland, NE47 9PW£400,000£395,000-£5,00009 Sep 202319 Jul 2024314 Days
Highfield, Heugh House Lane, Haydon Bridge, Hexham, Northumberland, NE47 6ND£700,000£700,000£0027 Sep 202315 Jul 2024292 Days
25 Tow House Green, Bardon Mill, Hexham, Northumberland, NE47 7DT£270,000£265,500-£4,50010 Feb 202424 Jun 2024135 Days
Truro, Belmont, Haydon Bridge, Hexham, Northumberland, NE47 6HF£225,000£205,000-£20,00028 Feb 202421 Jun 2024114 Days
17 Innerhaugh Mews, Haydon Bridge, Hexham, Northumberland, NE47 6DE£80,000£80,000£0012 Oct 202321 Jun 2024253 Days
Crossgate House, Crossgate Cottages, Fourstones, Hexham, Northumberland, NE47 5DP£500,000£490,000-£10,00029 Nov 202320 Jun 2024204 Days
16 Ratcliffe Road, Haydon Bridge, Hexham, Northumberland, NE47 6ET£190,000£170,000-£20,00023 Jan 202417 May 2024115 Days
12 St Aidans Park, Fourstones, Hexham, Northumberland, NE47 5EB£398,500£398,500£0013 Feb 202414 May 202491 Days
7 Martins Close, Haydon Bridge, Hexham, Northumberland, NE47 6AE£187,000£187,000£0005 Feb 202402 May 202487 Days
Pleasant Cottage, Heugh House Lane, Haydon Bridge, Hexham, Northumberland, NE47 6ND£490,000£470,000-£20,00003 Oct 202326 Mar 2024175 Days
Green Pastures, Station Road, Allendale, Hexham, Northumberland, NE47 9PY£410,000£410,000£0020 Jun 202315 Mar 2024269 Days
43 Langley Gardens, Haydon Bridge, Hexham, Northumberland, NE47 6EF£130,000£117,500-£12,50030 Dec 202213 Mar 2024439 Days
Bridge End House, Bridge End, Allendale, Hexham, Northumberland, NE47 9AA£545,000£545,000£0023 Oct 202308 Mar 2024137 Days
22 Broadway, Fourstones, Hexham, Northumberland, NE47 5DU£190,000£190,000£0027 Oct 202326 Feb 2024122 Days
Broomfield, North Bank, Haydon Bridge, Hexham, Northumberland, NE47 6LY£475,000£458,000-£17,00027 Jul 202316 Feb 2024204 Days
9 Whittis Crescent, Haydon Bridge, Hexham, Northumberland, NE47 6AH£125,000£125,000£0025 Apr 202315 Feb 2024296 Days
1 Glen Cottages, Allendale, Hexham, Northumberland, NE47 9QN£225,000£215,000-£10,00017 Jul 202318 Dec 2023154 Days

Most Expensive Streets in NE47 (Hexham)

PostcodeStreetAreaAverageNo. of Sales
NE47 0DFSlaleyHexham£713,3333
NE47 0ADSlaleyHexham£634,1666
NE47 6NDHeugh House Lane, Haydon BridgeHexham£487,0004
NE47 0BYSlaleyHexham£476,5004
NE47 7ADThorngraftonHexham£448,5665
NE47 9JQAllenheadsHexham£423,3333
NE47 7JJThorngraftonHexham£421,2504
NE47 0BQSlaleyHexham£420,2504
NE47 7ENHenshawHexham£420,0003
NE47 9PXThe Dene, AllendaleHexham£419,5005

Least Expensive Streets in NE47 (Hexham)

PostcodeStreetAreaAverageNo. of Sales
NE47 6JNStrother Close, Haydon BridgeHexham£101,9424
NE47 6AJSmiths Terrace, Haydon BridgeHexham£114,5003
NE47 6DSGreenwich Gardens, Haydon BridgeHexham£128,7504
NE47 9HADale Park, AllendaleHexham£134,3333
NE47 6BQShaftoe Street, Haydon BridgeHexham£135,3333
NE47 9DBAllenfields, AllendaleHexham£140,0003
NE47 5AESidgate, NewbroughHexham£146,2876
NE47 6DFThe Showfield, Haydon BridgeHexham£148,63720
NE47 5AFSidgate, NewbroughHexham£151,3333
NE47 6ERRatcliffe Road, Haydon BridgeHexham£154,3754

Explore NE47 (Hexham) using map