5, BOWMAN DRIVE, HEXHAM, NE46 3BU - £145,000

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.

5 BOWMAN DRIVE is a midsized flat of 61m², built sometime between 2003 and 2006, which could now be worth an estimated £178,438. It was last sold for £145,000 in July 2020, which was around 76% above the average July 2020 flat price in the Northumberland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was B, and the potential energy rating was B.

5 BOWMAN DRIVE Sold Prices

Land registry data shows two sales for 5 BOWMAN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. Both of the two 5 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
2020 7 JUL	£145,000	£82,505	76% above HPI
2005 25 NOV	£163,000	£89,334	82% above HPI

What might 5 BOWMAN DRIVE be worth now?

5 BOWMAN DRIVE might now be worth an estimated £178,438.

This is based on house price inflation of 23.1%, between July 2020 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 23.1% inflationary increase is applied to the most recent sale price for 5 BOWMAN DRIVE of £145,000 on 7th July 2020. For the value to have increased from £145,000 to £178,438 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 5 BOWMAN DRIVE has moved in line with the HPI for flats in the Northumberland local authority area.
• The July 2020 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BOWMAN DRIVE has not materially changed since July 2020.

How Large is 5 BOWMAN DRIVE?

5 BOWMAN DRIVE is 61m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% of flats in Hexham, based on EPC data. 48% of flats are smaller than 5 BOWMAN DRIVE, and 52% of flats are larger. Note that EPC data is not available for all properties in Hexham.

5 BOWMAN DRIVE: Plot

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

Where is 5 BOWMAN DRIVE?

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