£98,821
This estimated value is based upon the latest sale price for the house of £80,000 on 26 Feb 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 26 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 February 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £80,000 results in an estimated price of approximately £98,821.
| 26 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £80,000 | £18,821 | £98,821 |
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 | 24.576 % | £19,660 | £99,660 |
| 3 Month Average | 9.860 % | £7,888 | £87,888 |
| 6 Month Average | 11.843 % | £9,474 | £89,474 |
| 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 |
| 25 Jul 2023 | £243,224 | £239,950 | 59 BIRCHBERRY CLOSE |
| 7 Jul 2023 | £147,992 | £146,000 | 8 GLAMIS AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 17 Nov 2018. Using an estimated price of £98,821 means this house is valued at £1,220 per sq meter (£113 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 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Putney Square |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Putney Square |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Putney Square |