£145,996
This estimated value is based upon the latest sale price for the house of £116,000 on 26 Jul 2017. 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 Mitford Gardens
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| Price Paid | Date |
|---|---|
| £116,000 | 26 Jul 2017 |
| £110,000 | 24 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 880 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 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £116,000 results in an estimated price of approximately £145,996.
| 26 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £116,000 | £29,996 | £145,996 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | -2.612 % | £-3,029 | £112,970 |
| 3 Month Average | 27.665 % | £32,091 | £148,091 |
| 6 Month Average | 21.348 % | £24,763 | £140,763 |
This house has a floor area of 81 sq meters or 880 sq feet when measured on 10 Feb 2011.
The average size of a house on MATFEN GARDENS is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Mitford Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mitford Gardens |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mitford Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Mitford Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tarrington Close |