49, HINDMARSH DRIVE, ASHINGTON, NE63 9FA - £55,000

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.

49 HINDMARSH DRIVE is a very small flat of 45m², built sometime between 2003 and 2006, which could now be worth an estimated £59,866. It was last sold for £55,000 in May 2022, which was around 42% below the average May 2022 flat price in the Northumberland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

49 HINDMARSH DRIVE Sold Prices

Land registry data shows three sales for 49 HINDMARSH 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. Two of the three 49 HINDMARSH DRIVE sales were for below the average price, whilst one was 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 9 MAY	£55,000	£95,566	42% below HPI
2014 6 JUN	£50,000	£77,706	36% below HPI
2007 15 JUN	£113,995	£97,563	17% above HPI

What might 49 HINDMARSH DRIVE be worth now?

49 HINDMARSH DRIVE might now be worth an estimated £59,866.

This is based on house price inflation of 8.8%, between May 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 8.8% inflationary increase is applied to the most recent sale price for 49 HINDMARSH DRIVE of £55,000 on 9th May 2022. For the value to have increased from £55,000 to £59,866 over the four years to May 2026, the following assumptions must hold true:

• The value of 49 HINDMARSH DRIVE has moved in line with the HPI for flats in the Northumberland local authority area.
• The May 2022 sale price of £55,000 represented a fair market value for the property.
• The size, condition, and specification of 49 HINDMARSH DRIVE has not materially changed since May 2022.

How Large is 49 HINDMARSH DRIVE?

49 HINDMARSH DRIVE is 45m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of flats in Ashington, based on EPC data. 4% of flats are smaller than 49 HINDMARSH DRIVE, and 94% of flats are larger. Note that EPC data is not available for all properties in Ashington.

49 HINDMARSH DRIVE: Plot

49 HINDMARSH DRIVE sits on a plot of roughly 0.631 of an acre, or 2,553m².

Where is 49 HINDMARSH DRIVE?

49 HINDMARSH DRIVE is located in ASHINGTON, in the NE63 postcode district.