£152,275
This estimated value is based upon the latest sale price for the house of £126,995 on 14 Aug 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 |
---|---|
£126,995 | 14 Aug 2020 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 August 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £126,995 results in an estimated price of approximately £152,275.
14 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £126,995 | £25,280 | £152,275 |
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 | -26.196 % | £-33,268 | £93,726 |
3 Month Average | -19.720 % | £-25,042 | £101,952 |
6 Month Average | -5.230 % | £-6,642 | £120,352 |
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 |
21 Jul 2023 | £124,171 | £122,500 | 14 HALVERGATE CLOSE |
28 Oct 2022 | £82,611 | £83,500 | 4 HALVERGATE CLOSE |
30 Jun 2022 | £109,041 | £107,500 | 6 HALVERGATE CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 12 Aug 2020. Using an estimated price of £152,275 means this house is valued at £2,144 per sq meter (£199 per sq foot).
The average size of a house on FRIAR ROAD is 81 sq meters (871 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 | Public order | Under investigation | On or near Flodden Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Flodden Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Flodden Road |