23, BOWMAN DRIVE, HEXHAM, NE46 3BU - £125,000

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.

23 BOWMAN DRIVE is a large extended flat of 68m², built sometime between 2003 and 2006, which could now be worth an estimated £163,806. It was last sold for £125,000 in October 2014, which was around 57% above the average October 2014 flat price in the Northumberland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

23 BOWMAN DRIVE Sold Prices

Land registry data shows four sales for 23 BOWMAN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. Most of the four 23 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
2014 17 OCT	£125,000	£79,378	57% above HPI
2008 27 OCT	£57,903	£91,569	37% below HPI
2008 11 JUL	£176,000	£95,723	84% above HPI
2006 28 SEP	£175,000	£93,408	87% above HPI

What might 23 BOWMAN DRIVE be worth now?

23 BOWMAN DRIVE might now be worth an estimated £163,806.

This is based on house price inflation of 31%, between October 2014 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 31% inflationary increase is applied to the most recent sale price for 23 BOWMAN DRIVE of £125,000 on 17th October 2014. For the value to have increased from £125,000 to £163,806 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 23 BOWMAN DRIVE has moved in line with the HPI for flats in the Northumberland local authority area.
• The October 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 23 BOWMAN DRIVE has not materially changed since October 2014.

How Large is 23 BOWMAN DRIVE?

23 BOWMAN DRIVE is 68m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of flats in Hexham, based on EPC data. 62% of flats are smaller than 23 BOWMAN DRIVE, and 36% of flats are larger. Note that EPC data is not available for all properties in Hexham.

23 BOWMAN DRIVE: Plot

23 BOWMAN DRIVE sits on a plot of roughly 1.9 acres, or 7,673m².

Where is 23 BOWMAN DRIVE?

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