31, BOWMAN DRIVE, HEXHAM, NE46 3BU - £162,500

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.

31 BOWMAN DRIVE is a large flat of 69m², built sometime between 2003 and 2006, which could now be worth an estimated £203,234. It was last sold for £162,500 in September 2019, which was around 95% above the average September 2019 flat price in the Northumberland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

31 BOWMAN DRIVE Sold Prices

Land registry data shows two sales for 31 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 31 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
2019 30 SEP	£162,500	£83,172	95% above HPI
2006 29 SEP	£190,000	£93,408	103% above HPI

What might 31 BOWMAN DRIVE be worth now?

31 BOWMAN DRIVE might now be worth an estimated £203,234.

This is based on house price inflation of 25.1%, between September 2019 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 25.1% inflationary increase is applied to the most recent sale price for 31 BOWMAN DRIVE of £162,500 on 30th September 2019. For the value to have increased from £162,500 to £203,234 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 31 BOWMAN DRIVE has moved in line with the HPI for flats in the Northumberland local authority area.
• The September 2019 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 31 BOWMAN DRIVE has not materially changed since September 2019.

How Large is 31 BOWMAN DRIVE?

31 BOWMAN DRIVE is 69m² according to the EPC inspection conducted in April 2019. This puts it in the largest 40% of flats in Hexham, based on EPC data. 64% of flats are smaller than 31 BOWMAN DRIVE, and 33% of flats are larger. Note that EPC data is not available for all properties in Hexham.

31 BOWMAN DRIVE: Plot

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

Where is 31 BOWMAN DRIVE?

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