£2,234,199
This estimated value is based upon the latest sale price for the house of £1,238,000 on 3 Aug 2009. 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
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £1,238,000 | 3 Aug 2009 |
| £810,000 | 12 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 281 sq meters or 3,034 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 August 2009 the House Price Index for TYNE AND WEAR was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £1,238,000 results in an estimated price of approximately £2,234,199.
| 3 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £1,238,000 | £996,199 | £2,234,199 |
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 | 47.532 % | £588,449 | £1,826,449 |
| 3 Month Average | 38.835 % | £480,777 | £1,718,777 |
| 6 Month Average | 28.759 % | £356,032 | £1,594,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £1,114,247 | £1,100,000 | 27 MITCHELL AVENUE |
| 15 Sep 2023 | £1,063,599 | £1,050,000 | 25 MITCHELL AVENUE |
| 14 Jul 2023 | £430,798 | £425,000 | 207 OSBORNE ROAD |
| 27 Apr 2023 | £884,524 | £875,000 | 18 TOWERS AVENUE |
| 14 Oct 2022 | £719,256 | £727,000 | 13 TOWERS AVENUE |
This house has a floor area of 281 sq meters or 3,034 sq feet when measured on 14 Oct 2008. Using an estimated price of £2,234,199 means this house is valued at £7,925 per sq meter (£736 per sq foot).
The average size of a house on MITCHELL AVENUE is 271 sq meters (2,921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Mitchell Avenue |
| Mar 2024 | Anti-social behaviour | On or near Mitchell Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Mitchell Avenue | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Towers Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crossway |