2, ELVASTON DRIVE, HEXHAM, NE46 2HP - £295,000

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.

2 ELVASTON DRIVE is a detached house, which could now be worth an estimated £463,087. It was last sold for £295,000 in July 2005, which was around 26% above the average July 2005 detached price in the Northumberland local authority area.

2 ELVASTON DRIVE Sold Prices

Land registry data shows two sales for 2 ELVASTON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 2 ELVASTON 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
2005 29 JUL	£295,000	£234,088	26% above HPI
2004 9 JUL	£275,000	£212,366	29% above HPI

What might 2 ELVASTON DRIVE be worth now?

2 ELVASTON DRIVE might now be worth an estimated £463,087.

This is based on house price inflation of 57%, between July 2005 and May 2026, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57% inflationary increase is applied to the most recent sale price for 2 ELVASTON DRIVE of £295,000 on 29th July 2005. For the value to have increased from £295,000 to £463,087 over the 21 years and two months to May 2026, the following assumptions must hold true:

• The value of 2 ELVASTON DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2005 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELVASTON DRIVE has not materially changed since July 2005.

Where is 2 ELVASTON DRIVE?

2 ELVASTON DRIVE is located in HEXHAM, in the NE46 postcode district.