Silverhills Pennyfine Road

    SILVERHILLS, PENNYFINE ROAD, SUNNISIDE, NEWCASTLE UPON TYNE, NE16 5EP

    This detached freehold property on Pennyfine Road last sold in April 2022 for £965,000. Based on price growth in the NE16 district since then, its estimated current value is £1,015,523 — placing it in the 96th percentile nationally and the 100th percentile within NE16. The property covers 393 m² (4,230 sq ft), giving an estimated value of £2,584 per m². The EPC rating is F, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    4,230 sq ft

    393 m²

    Last Sale Price

    £965,000

    Apr 2022

    Estimated Valuation

    £1,015,523

    Est. £/sq ft

    £240/sq ft

    £2,584/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms8
    Main fuelLPG (not community)
    EPC currentF
    EPC potentialD
    Floor area4,230 sq ft (393 m²)
    EPC dateJun 2021
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, LPG, Boiler and radiators, oil

    Transaction History

    1 Apr 2022

    £965,000

    Key Metrics

    Estimated valuation£1,015,523
    Value per sq ft / m²£240/sq ft (£2,584/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile100th percentile
    National percentile96th percentile

    District Context — NE16

    NE16 covers the areas south and west of Gateshead, including Whickham, Ryton and Crawcrook, sitting between the Tyne Valley and the northern suburbs of the conurbation. It is a relatively affluent, established residential district with strong owner-occupation and a mature demographic profile.

    Average Property Price - NE16

    £225,305

    20

    National percentile

    Average Net Household Income - NE16

    £37,049

    44

    National percentile

    10-Year Annualised Price Growth - NE16

    2.7%

    19

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE16

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