£1,052,151
This estimated value is based upon the latest sale price for the house of £1,050,000 on 15 Sep 2023. 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 Mitchell Avenue
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| Price Paid | Date |
|---|---|
| £1,050,000 | 15 Sep 2023 |
| £883,750 | 4 Sep 2020 |
| £662,500 | 20 Aug 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 235 sq meters or 2,529 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 September 2023 the House Price Index for TYNE AND WEAR was 146.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.205%.Applying this 0.205% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,052,151.
| 15 Sep 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 146.7 | 0.205 % | £1,050,000 | £2,151 | £1,052,151 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 117.740 % | £1,236,267 | £2,286,267 |
| 3 Month Average | -25.751 % | £-270,388 | £779,611 |
| 6 Month Average | -15.005 % | £-157,555 | £892,444 |
This house has a floor area of 235 sq meters or 2,529 sq feet when measured on 16 Apr 2015.
The average size of a house on MITCHELL AVENUE is 271 sq meters (2,921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Mitchell Avenue | |
| Mar 2024 | Burglary | Under investigation | On or near Mitchell Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Towers Avenue |
| Mar 2024 | Anti-social behaviour | On or near Tavistock Road | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Tavistock Road |