Penrose Place - NE31 2AY
Key Street Insights
Penrose Place is a residential street with 30 addresses.
It ranks as the 415th largest and 611th most expensive of the 698 streets in the NE31 area. The most common property type is a modern house built after 1980.
The street contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £228,364
- 10 Year change
- up 33.8%
- Ave. Rental Price
- £1,094pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Street Insights
Penrose Place is a residential street with 30 addresses.
It ranks as the 415th largest and 611th most expensive of the 698 streets in the NE31 area. The most common property type is a modern house built after 1980.
The street contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £228,364
- 10 Year change
- up 33.8%
- Ave. Rental Price
- £1,094pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertieson Penrose Place, Hebburn, NE31
- 1 Penrose Place
3 Bed Modern House
- 2 Penrose Place
3 Bed Modern House
- 3 Penrose Place
2 Bed Modern House
- 4 Penrose Place
2 Bed Modern House
- 5 Penrose Place
2 Bed Modern House
Sales Market Trends
The last sale on Penrose Place sold for £245,000 on 25th April 2025. Since then prices are up an average of 1.9%.
The current average value in the street is £228,364.
The Penrose Place Sales Market has increased by 33.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £228,364 |
| June 2025 | 2.7% | £224,438 |
| June 2024 | 3.6% | £218,557 |
| June 2023 | 1.1% | £211,026 |
| June 2022 | 9.7% | £208,795 |
| June 2021 | 2.9% | £190,289 |
| June 2020 | 5.7% | £184,972 |
| June 2019 | -0.3% | £175,073 |
| June 2018 | 2.1% | £175,621 |
| June 2017 | 0.8% | £171,982 |
| June 2016 | 3% | £170,633 |
| June 2015 | 0% | £165,604 |
| June 2014 | 3.7% | £165,581 |
| June 2013 | 3% | £159,634 |
| June 2012 | -4.8% | £154,948 |
| June 2011 | -1.3% | £162,783 |
| June 2010 | 3.1% | £164,902 |
| June 2009 | -12.3% | £159,899 |
| June 2008 | -1.7% | £182,424 |
| June 2007 | 0% | £185,618 |
Rental Market Trends
The current average rental value in the street is £1,094.
The Penrose Place Rental Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,094pcm |
| June 2025 | 3.6% | £1,065pcm |
| June 2024 | 10.1% | £1,028pcm |
| June 2023 | 11% | £933pcm |
| June 2022 | 10.1% | £841pcm |
| June 2021 | 6.4% | £764pcm |
| June 2020 | 3.2% | £718pcm |
| June 2019 | -0.1% | £696pcm |
| June 2018 | -0.1% | £697pcm |
| June 2017 | 0.5% | £697pcm |
| June 2016 | 1.2% | £693pcm |
| June 2015 | 1.5% | £685pcm |
| June 2014 | 0.5% | £675pcm |
| June 2013 | 1.4% | £671pcm |
| June 2012 | 1.1% | £662pcm |
| June 2011 | 1.5% | £655pcm |
| June 2010 | 2.3% | £645pcm |
| June 2009 | -5.5% | £631pcm |
| June 2008 | 4.5% | £668pcm |
| June 2007 | 0% | £639pcm |
Sales History
The last sale was on 25th April 2025 for £245,000 and since then the market in the area has increased by 1.9%. The street has had a total of 46 sales since 1995.
Penrose Place, Hebburn, NE31 has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£245,000 | 3 Bed House1, Penrose Place, Hebburn, NE31 2AY1, Penrose Place, Hebburn, NE31 2AY
- Sold Mar 2025£160,000 | 2 Bed House18, Penrose Place, Hebburn, NE31 2AY18, Penrose Place, Hebburn, NE31 2AY
- Sold Oct 2024£172,500 | 3 Bed House24, Penrose Place, Hebburn, NE31 2AY24, Penrose Place, Hebburn, NE31 2AY
- Sold Dec 2022£158,000 | 3 Bed House23, Penrose Place, Hebburn, NE31 2AY23, Penrose Place, Hebburn, NE31 2AY
- Sold Dec 2022£170,000 | 2 Bed House20, Penrose Place, Hebburn, NE31 2AY20, Penrose Place, Hebburn, NE31 2AY
Top 3 Most Expensive Sales
- Sold Mar 2021£332,500 | 4 Bed House28, Penrose Place, Hebburn, NE31 2AY28, Penrose Place, Hebburn, NE31 2AY
- Sold Apr 2018£314,995 | 4 Bed House28, Penrose Place, Hebburn, NE31 2AY28, Penrose Place, Hebburn, NE31 2AY
- Sold Mar 2022£285,000 | 4 Bed House14, Penrose Place, Hebburn, NE31 2AY14, Penrose Place, Hebburn, NE31 2AY
Nearby Streets
Penrose Place, Hebburn, NE31 is the 415th largest and the 611th most expensive street in the NE31 area.
- Monkton Lane, Hebburn, NE3154 Addresses|118 m away
- Holmes Drive, Hebburn, NE3198 Addresses|125 m away
- Bruce Drive, Hebburn, NE3157 Addresses|134 m away
- Ebba Point, Hebburn, NE3112 Addresses|160 m away
- St. Aidans Walk, Hebburn, NE319 Addresses|179 m away
- Bedeswell Close, Hebburn, NE3151 Addresses|187 m away
Property Types
- 30 modern houses built after 1980
- modern house (30)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (30)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- St Matthew's Catholic Primary School, Jarrow700 m away
- St James' Catholic Primary School, Hebburn800 m away
- Bede Burn Primary School900 m away
- Hebburn Comprehensive School1.0 km away
- St Joseph's Catholic Academy1.2 km away
- Jarrow School1.7 km away
More reading links
Public Transport Nearby
The closest station to Penrose Place, Hebburn, NE31 - NE31 2AY is Heworth station, which is 3.4 kilometres away.
- Heworth|3.4 km away
- Manors|6.6 km away
- Newcastle|7.3 km away
