16, BOWMAN DRIVE, HEXHAM, NE46 3BU - £178,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 BOWMAN DRIVE is a flat, which could now be worth an estimated £185,830. It was last sold for £178,000 in January 2008, which was around 79% above the average January 2008 flat price in the Northumberland local authority area.

16 BOWMAN DRIVE Sold Prices

Land registry data shows two sales for 16 BOWMAN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. Both of the two 16 BOWMAN DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 25 JAN	£178,000	£99,638	79% above HPI
2005 16 DEC	£171,000	£89,432	91% above HPI

What might 16 BOWMAN DRIVE be worth now?

16 BOWMAN DRIVE might now be worth an estimated £185,830.

This is based on house price inflation of 4.4%, between January 2008 and May 2026, for flats, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.4% inflationary increase is applied to the most recent sale price for 16 BOWMAN DRIVE of £178,000 on 25th January 2008. For the value to have increased from £178,000 to £185,830 over the seventeen years and eight months to May 2026, the following assumptions must hold true:

• The value of 16 BOWMAN DRIVE has moved in line with the HPI for flats in the Northumberland local authority area.
• The January 2008 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BOWMAN DRIVE has not materially changed since January 2008.

Where is 16 BOWMAN DRIVE?

16 BOWMAN DRIVE is located in HEXHAM, in the NE46 postcode district.