£455,607
This estimated value is based upon the latest sale price for the house of £296,000 on 18 Jul 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £296,000 | 18 Jul 2014 |
| £260,000 | 9 May 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 July 2014 the House Price Index for TYNE AND WEAR was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £296,000 results in an estimated price of approximately £455,607.
| 18 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £296,000 | £159,607 | £455,607 |
The Postcode Pricing Model uses changes in average sales price within the NE39 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 | 29.236 % | £86,537 | £382,537 |
| 3 Month Average | -6.675 % | £-19,758 | £276,241 |
| 6 Month Average | 9.591 % | £28,389 | £324,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £307,672 | £305,000 | DERWENT HOUSE STATION ROAD |
| 11 Mar 2024 | £91,404 | £90,000 | 5 SOUTH SHERBURN |
| 14 Jun 2022 | £393,410 | £385,000 | BRIZZOLARIS DIPWOOD ROAD |
| 14 Apr 2022 | £233,420 | £225,000 | THE NOOK STATION ROAD |
| 11 Mar 2022 | £85,603 | £82,000 | THE KITCHEN STATION ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 14 Apr 2014. Using an estimated price of £455,608 means this house is valued at £3,796 per sq meter (£352 per sq foot).
The average size of a house on STIRLING AVENUE is 175 sq meters (1,889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Stirling Avenue |
| Oct 2024 | Other theft | Under investigation | On or near Stirling Avenue |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Stirling Avenue |
| Aug 2024 | Shoplifting | Awaiting court outcome | On or near Stirling Avenue |
| Aug 2024 | Shoplifting | Under investigation | On or near Stirling Avenue |