18, BOWMAN DRIVE, HEXHAM, NE46 3BU - £157,000

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.

18 BOWMAN DRIVE is a large flat of 71m², built sometime between 2003 and 2006, which could now be worth an estimated £206,898. It was last sold for £157,000 in November 2014, which was around 99% above the average November 2014 flat price in the Northumberland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was B, and the potential energy rating was B.

18 BOWMAN DRIVE Sold Prices

Land registry data shows three sales for 18 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 18 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 20 NOV	£157,000	£78,934	99% above HPI
2011 2 NOV	£152,500	£78,981	93% above HPI
2005 14 DEC	£175,000	£89,432	96% above HPI

What might 18 BOWMAN DRIVE be worth now?

18 BOWMAN DRIVE might now be worth an estimated £206,898.

This is based on house price inflation of 31.8%, between November 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 31.8% inflationary increase is applied to the most recent sale price for 18 BOWMAN DRIVE of £157,000 on 20th November 2014. For the value to have increased from £157,000 to £206,898 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 18 BOWMAN DRIVE has moved in line with the HPI for flats in the Northumberland local authority area.
• The November 2014 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BOWMAN DRIVE has not materially changed since November 2014.

How Large is 18 BOWMAN DRIVE?

18 BOWMAN DRIVE is 71m² according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of flats in Hexham, based on EPC data. 69% of flats are smaller than 18 BOWMAN DRIVE, and 29% of flats are larger. Note that EPC data is not available for all properties in Hexham.

18 BOWMAN DRIVE: Plot

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

Where is 18 BOWMAN DRIVE?

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