£1,526,394
This estimated value is based upon the latest sale price for the house of £280,000 on 2 Sep 1996. 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 |
|---|---|
| £280,000 | 2 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 409 sq meters or 4,402 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 1996 the House Price Index for TYNE AND WEAR was 26.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 445.141%.Applying this 445.141% change to the original purchase price of £280,000 results in an estimated price of approximately £1,526,394.
| 2 Sep 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 146.7 | 445.141 % | £280,000 | £1,246,394 | £1,526,394 |
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 | 283.648 % | £794,215 | £1,074,215 |
| 3 Month Average | 212.330 % | £594,523 | £874,523 |
| 6 Month Average | 282.046 % | £789,728 | £1,069,728 |
This house has a floor area of 409 sq meters or 4,402 sq feet when measured on 31 Jul 2020.
The average size of a house on MITCHELL AVENUE is 271 sq meters (2,921 sq feet).
This house is the largest in the street with a floor area of 409 sq meters (4,402 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 | Anti-social behaviour | On or near Tavistock Road |