According to the public record, 29, Pennyfine Road, Newcastle Upon Tyne is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 997 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Pennyfine Road, Sunniside, Newcastle Upon Tyne, NE16 is located in the borough of Gateshead within the NE16 postal district.
29, Pennyfine Road, Newcastle Upon Tyne has a single entry in the Land Registry database from March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 29 Pennyfine Road Newcastle Upon Tyne as £241,780 and the rental value as £1,348 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 29 Pennyfine Road Newcastle Upon Tyne has increased by £1,297 (0.5%) and its rental value has increased by £122 per month (9.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 29, Pennyfine Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £253,869 and rental value of £1,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,855 and a rental value of £1,253 per month.
If you were able to purchase this property for the estimated value of £241,780, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,188 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 29, Pennyfine Road, Newcastle Upon Tyne was last sold on 30 Mar 2007 for £177,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 31.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Pennyfine Road, Newcastle Upon Tyne within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 13, Pennyfine Road, Newcastle Upon Tyne, NE16 5EP, a Freehold house which sold for £266,000 in Mar 2024.
Read more about house prices in NE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennyfine Road, Sunniside, Newcastle Upon Tyne, NE16 has a total of 64 addresses. According to our analysis of all the public data, 29, Pennyfine Road, Newcastle Upon Tyne is the 18th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in NE16.
The closest station to 29, Pennyfine Road, Newcastle Upon Tyne is Dunston station which is 3.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, Pennyfine Road, Newcastle Upon Tyne, 48.3% of property is privately owned with a mortgage and 44.4% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 29, Pennyfine Road, Newcastle Upon Tyne, 18.8% of residents are recorded as possessing school level qualifications and 45.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 29, Pennyfine Road, Newcastle Upon Tyne, the average age was 43.3 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 29, Pennyfine Road, Newcastle Upon Tyne, 0.5% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 29, Pennyfine Road, Newcastle Upon Tyne, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.