12, BOWMAN DRIVE, HEXHAM, NE46 3BU - £165,000

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.

12 BOWMAN DRIVE is a midsized flat of 60m², built sometime between 2003 and 2006, which could now be worth an estimated £179,598. It was last sold for £165,000 in May 2022, which was around 73% above the average May 2022 flat price in the Northumberland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was C.

12 BOWMAN DRIVE Sold Prices

Land registry data shows three sales for 12 BOWMAN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. All of the three 12 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
2022 19 MAY	£165,000	£95,566	73% above HPI
2006 27 MAR	£165,000	£88,151	87% above HPI
2005 9 DEC	£158,000	£89,432	77% above HPI

What might 12 BOWMAN DRIVE be worth now?

12 BOWMAN DRIVE might now be worth an estimated £179,598.

This is based on house price inflation of 8.8%, between May 2022 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 8.8% inflationary increase is applied to the most recent sale price for 12 BOWMAN DRIVE of £165,000 on 19th May 2022. For the value to have increased from £165,000 to £179,598 over the four years to May 2026, the following assumptions must hold true:

• The value of 12 BOWMAN DRIVE has moved in line with the HPI for flats in the Northumberland local authority area.
• The May 2022 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BOWMAN DRIVE has not materially changed since May 2022.

How Large is 12 BOWMAN DRIVE?

12 BOWMAN DRIVE is 60m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of flats in Hexham, based on EPC data. 45% of flats are smaller than 12 BOWMAN DRIVE, and 52% of flats are larger. Note that EPC data is not available for all properties in Hexham.

12 BOWMAN DRIVE: Plot

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

Where is 12 BOWMAN DRIVE?

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