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Hexham House Prices Hexham House Prices

The average house price in Hexham is £240,500 using HM Land Registry data.

The average property price increased by £43,585 (16.93%) over the last 5 years and increased by £8,733 (2.99%) over the last 12 months.

Over the last year, there were 157 residential property sales – a decrease of 28 transactions (-17.83%) relative to the previous year. The majority of house sales (37) were in the £100,000 - £174,000 range. Then came properties in the £248,000 - £322,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 121 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,354 (-2%).

In Dec 24, there were 10 new estate agency instructions, 15 agreed home sales and 4 property price reductions.

Postcodes Covered: NE46

5-Year Average Property Prices in Hexham

16.93%

Property prices in Hexham increased by 16.93% 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 Hexham Over the Last Year

2.99%

Property prices in Hexham increased by 2.99% 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 Hexham - Dec 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).

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 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 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 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 Hexham since 1995

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

Recent Property Sales in Hexham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Daleton, Cockshaw, Hexham, Northumberland, NE46 3EB£215,000£215,000£0017 Jun 202415 Nov 2024151 Days
14 Priestlands Close, Hexham, Northumberland, NE46 2AW£180,000£180,000£0023 May 202401 Nov 2024162 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£0024 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£0018 May 202423 Aug 202497 Days
30 Burswell Avenue, Hexham, Northumberland, NE46 3JL£295,000£292,000-£3,00012 Apr 202422 Aug 2024132 Days
9 Garden Terrace, Hexham, Northumberland, NE46 3PX£169,500£167,000-£2,50009 Apr 202414 Aug 2024127 Days
14 North Terrace, Hexham, Northumberland, NE46 1NU£200,000£200,000£0026 Mar 202408 Aug 2024135 Days
8 St Nicholas Road, Hexham, Northumberland, NE46 2EZ£235,000£228,000-£7,00027 Mar 202422 Jul 2024117 Days
9 Elvaston Road, Hexham, Northumberland, NE46 2HA£475,000£470,000-£5,00016 Mar 202419 Jul 2024125 Days
12 Bywell Avenue, Hexham, Northumberland, NE46 1JA£290,000£290,000£0028 Mar 202405 Jul 202499 Days
Beech End, Woodside Villas, Hexham, Northumberland, NE46 1HX£425,000£420,000-£5,00003 Jan 202405 Jul 2024184 Days
11 Pudding Mews, Hexham, Northumberland, NE46 3SW£100,000£100,000£0027 Feb 202405 Jul 2024129 Days
3 Hencotes Mews, Hexham, Northumberland, NE46 2DZ£335,000£320,000-£15,00017 Feb 202428 Jun 2024132 Days
9 West End Terrace, Hexham, Northumberland, NE46 3DB£350,000£335,000-£15,00001 Sep 202321 Jun 2024294 Days
24 Dotland Close, Hexham, Northumberland, NE46 1UF£178,500£168,000-£10,50013 Dec 202321 May 2024160 Days
18 Kings Mews, Hexham, Northumberland, NE46 1BG£300,000£285,000-£15,00025 Mar 202314 May 2024416 Days

Most Expensive Streets in Hexham

PostcodeStreetAreaAverageNo. of Sales
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 3BALeazes LaneHexham£588,7504
NE46 2NQAllendale RoadHexham£580,0003
NE46 1AQPark WellHexham£579,0005
NE46 3DSShaftoe CrescentHexham£526,2086

Least Expensive Streets in Hexham

PostcodeStreetAreaAverageNo. of Sales
NE46 1PNCounty MillsHexham£43,0003
NE46 3QHStephenson HouseHaugh Lane£54,2504
NE46 3QFGilesgateHexham£64,5004
NE46 3SWPudding MewsHexham£90,15719
NE46 1RNAbbey CourtHexham£103,46529
NE46 3EUPrior TerraceHexham£114,1119
NE46 2BESt Pauls RoadHexham£116,3333
NE46 1EQAbbey ViewHexham£118,5836
NE46 3QLHoly IslandHexham£120,6663
NE46 3HBTyne Green MewsHexham£121,0505

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