20, CHAINS DRIVE, CORBRIDGE, NE45 5BP - £170,000

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.

20 CHAINS DRIVE is a midsized flat of 58m², built sometime between 2007 and 2011, which could now be worth an estimated £173,547. It was last sold for £170,000 in November 2022, which was around 67% above the average November 2022 flat price in the Northumberland local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was B.

20 CHAINS DRIVE Sold Prices

Land registry data shows three sales for 20 CHAINS 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 20 CHAINS 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 23 NOV	£170,000	£101,895	67% above HPI
2018 5 FEB	£145,250	£84,567	72% above HPI
2006 31 JUL	£160,000	£92,813	72% above HPI

What might 20 CHAINS DRIVE be worth now?

20 CHAINS DRIVE might now be worth an estimated £173,547.

This is based on house price inflation of 2.1%, between November 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 2.1% inflationary increase is applied to the most recent sale price for 20 CHAINS DRIVE of £170,000 on 23rd November 2022. For the value to have increased from £170,000 to £173,547 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 20 CHAINS DRIVE has moved in line with the HPI for flats in the Northumberland local authority area.
• The November 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 20 CHAINS DRIVE has not materially changed since November 2022.

How Large is 20 CHAINS DRIVE?

20 CHAINS DRIVE is 58m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 40% of flats in Corbridge, based on EPC data. 40% of flats are smaller than 20 CHAINS DRIVE, and 59% of flats are larger. Note that EPC data is not available for all properties in Corbridge.

20 CHAINS DRIVE: Plot

20 CHAINS DRIVE sits on a plot of roughly 2.9 acres, or 11,801m².

Where is 20 CHAINS DRIVE?

20 CHAINS DRIVE is located in CORBRIDGE, in the NE45 postcode district.