48, BOWMAN DRIVE, HEXHAM, NE46 3BU - £163,500

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.

48 BOWMAN DRIVE is a midsized flat of 64m², built sometime between 2003 and 2006, which could now be worth an estimated £165,535. It was last sold for £163,500 in August 2022, which was around 63% above the average August 2022 flat price in the Northumberland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

48 BOWMAN DRIVE Sold Prices

Land registry data shows four sales for 48 BOWMAN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. All of the four 48 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
2022 22 AUG	£163,500	£100,283	63% above HPI
2018 20 MAR	£151,000	£83,058	82% above HPI
2016 8 JAN	£120,000	£79,241	51% above HPI
2005 30 SEP	£165,000	£87,262	89% above HPI

What might 48 BOWMAN DRIVE be worth now?

48 BOWMAN DRIVE might now be worth an estimated £165,535.

This is based on house price inflation of 1.2%, between August 2022 and April 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 1.2% inflationary increase is applied to the most recent sale price for 48 BOWMAN DRIVE of £163,500 on 22nd August 2022. For the value to have increased from £163,500 to £165,535 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 48 BOWMAN DRIVE has moved in line with the HPI for flats in the Northumberland local authority area.
• The August 2022 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of 48 BOWMAN DRIVE has not materially changed since August 2022.

How Large is 48 BOWMAN DRIVE?

48 BOWMAN DRIVE is 64m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of flats in Hexham, based on EPC data. 55% of flats are smaller than 48 BOWMAN DRIVE, and 43% of flats are larger. Note that EPC data is not available for all properties in Hexham.

48 BOWMAN DRIVE: Plot

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

Where is 48 BOWMAN DRIVE?

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