25, BOWMAN DRIVE, HEXHAM, NE46 3BU - £152,000

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.

25 BOWMAN DRIVE is a large flat of 68m², built sometime between 2003 and 2006, which could now be worth an estimated £203,564. It was last sold for £152,000 in May 2015, which was around 96% above the average May 2015 flat price in the Northumberland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

25 BOWMAN DRIVE Sold Prices

Land registry data shows three sales for 25 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 25 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
2015 27 MAY	£152,000	£77,672	96% above HPI
2013 31 MAY	£150,000	£76,095	97% above HPI
2006 29 SEP	£177,000	£93,408	89% above HPI

What might 25 BOWMAN DRIVE be worth now?

25 BOWMAN DRIVE might now be worth an estimated £203,564.

This is based on house price inflation of 33.9%, between May 2015 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 33.9% inflationary increase is applied to the most recent sale price for 25 BOWMAN DRIVE of £152,000 on 27th May 2015. For the value to have increased from £152,000 to £203,564 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 25 BOWMAN DRIVE has moved in line with the HPI for flats in the Northumberland local authority area.
• The May 2015 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 25 BOWMAN DRIVE has not materially changed since May 2015.

How Large is 25 BOWMAN DRIVE?

25 BOWMAN DRIVE is 68m² according to the EPC inspection conducted in May 2012. This puts it in the largest 40% of flats in Hexham, based on EPC data. 62% of flats are smaller than 25 BOWMAN DRIVE, and 36% of flats are larger. Note that EPC data is not available for all properties in Hexham.

25 BOWMAN DRIVE: Plot

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

Where is 25 BOWMAN DRIVE?

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