23, CHAINS DRIVE, CORBRIDGE, NE45 5BP - £160,000

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.

23 CHAINS DRIVE is a large flat of 73m², built sometime from 2007 onwards, which could now be worth an estimated £180,142. It was last sold for £160,000 in August 2006, which was around 73% above the average August 2006 flat price in the Northumberland local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.

23 CHAINS DRIVE Sold Prices

Land registry data shows one sale for 23 CHAINS DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 4 AUG	£160,000	£92,390	73% above HPI

What might 23 CHAINS DRIVE be worth now?

23 CHAINS DRIVE might now be worth an estimated £180,142.

This is based on house price inflation of 12.6%, between August 2006 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 12.6% inflationary increase is applied to the most recent sale price for 23 CHAINS DRIVE of £160,000 on 4th August 2006. For the value to have increased from £160,000 to £180,142 over the twenty years and three months to May 2026, the following assumptions must hold true:

• The value of 23 CHAINS DRIVE has moved in line with the HPI for flats in the Northumberland local authority area.
• The August 2006 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CHAINS DRIVE has not materially changed since August 2006.

How Large is 23 CHAINS DRIVE?

23 CHAINS DRIVE is 73m² according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of flats in Corbridge, based on EPC data. 77% of flats are smaller than 23 CHAINS DRIVE, and 22% of flats are larger. Note that EPC data is not available for all properties in Corbridge.

23 CHAINS DRIVE: Plot

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

Where is 23 CHAINS DRIVE?

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