47, BOWMAN DRIVE, WALLSEND, NE28 9FU - £295,000

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.

47 BOWMAN DRIVE is a midsized detached house of 98m², which could now be worth an estimated £314,193. It was last sold for £295,000 in October 2022, which was around 16% below the average October 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

47 BOWMAN DRIVE Sold Prices

Land registry data shows two sales for 47 BOWMAN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 47 BOWMAN DRIVE sales were for below 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 31 OCT	£295,000	£349,874	16% below HPI
2021 29 JAN	£256,950	£302,055	15% below HPI

47 BOWMAN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 47 BOWMAN DRIVE sales from January 2021 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2021 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 47 BOWMAN DRIVE be worth now?

47 BOWMAN DRIVE might now be worth an estimated £314,193.

This is based on house price inflation of 6.5%, between October 2022 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 47 BOWMAN DRIVE of £295,000 on 31st October 2022. For the value to have increased from £295,000 to £314,193 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 47 BOWMAN DRIVE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The October 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 47 BOWMAN DRIVE has not materially changed since October 2022.

How Large is 47 BOWMAN DRIVE?

47 BOWMAN DRIVE is 98m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wallsend, and where 47 BOWMAN DRIVE lies on this distribution: 43% of detached houses houses are smaller than 47 BOWMAN DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

47 BOWMAN DRIVE: Plot and Title Map

47 BOWMAN DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 47 BOWMAN DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 47 BOWMAN DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 47 BOWMAN DRIVE?

47 BOWMAN DRIVE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 47 on BOWMAN DRIVE.