£141,682
This estimated value is based upon the latest sale price for the house of £116,995 on 29 Jun 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Penn Square
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £116,995 | 29 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 June 2020 the House Price Index for TYNE AND WEAR was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £116,995 results in an estimated price of approximately £141,682.
| 29 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £116,995 | £24,687 | £141,682 |
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 | 51.030 % | £59,702 | £176,697 |
| 3 Month Average | -2.840 % | £-3,322 | £113,672 |
| 6 Month Average | 11.078 % | £12,961 | £129,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £138,551 | £136,500 | 151 FORDFIELD ROAD |
| 22 Aug 2023 | £131,147 | £130,000 | 153 FORDFIELD ROAD |
| 27 Jan 2023 | £133,372 | £134,000 | 17 FAWN ROAD |
| 25 Feb 2022 | £136,330 | £130,000 | 73 FOREST ROAD |
| 17 Dec 2021 | £171,420 | £160,000 | 133 FORDFIELD ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Mar 2020. Using an estimated price of £141,683 means this house is valued at £2,322 per sq meter (£215 per sq foot).
The average size of a house on FLODDEN ROAD is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Penn Square |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Penn Square |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Flodden Road |
| Mar 2024 | Public order | Under investigation | On or near Flodden Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Flodden Road |