£101,554
This estimated value is based upon the latest sale price for the house of £74,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£74,000 | 15 Jan 2016 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in January 2016 the House Price Index for TYNE AND WEAR was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £74,000 results in an estimated price of approximately £101,554.
15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £74,000 | £27,554 | £101,554 |
The Postcode Pricing Model uses changes in average sales price within the SR4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 35.099 % | £25,972 | £99,972 |
3 Month Average | 8.256 % | £6,109 | £80,109 |
6 Month Average | 8.159 % | £6,037 | £80,037 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £80,187 | £79,000 | 6 PALMERSTON ROAD |
17 Nov 2023 | £223,306 | £220,000 | 5 GLAMIS AVENUE |
8 Sep 2023 | £60,777 | £60,000 | 3 PARTICK ROAD |
29 Aug 2023 | £176,544 | £175,000 | 16 GRINDON PARK |
7 Jul 2023 | £147,992 | £146,000 | 8 GLAMIS AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 27 Apr 2015. Using an estimated price of £101,554 means this house is valued at £1,410 per sq meter (£131 per sq foot).
The average size of a house on PENNYWELL ROAD is 96 sq meters (1,036 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Pelton Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Pelton Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Petrol Station |
Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Petrol Station |