£256,545
This estimated value is based upon the latest sale price for the house of £152,600 on 28 Sep 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £152,600 | 28 Sep 2012 |
| £152,600 | 28 Sep 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.116%.Applying this 68.116% change to the original purchase price of £152,600 results in an estimated price of approximately £256,545.
| 28 Sep 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.116 % | £152,600 | £103,945 | £256,545 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -24.397 % | £-37,229 | £115,370 |
| 3 Month Average | -7.730 % | £-11,796 | £140,803 |
| 6 Month Average | -11.869 % | £-18,112 | £134,487 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 27 Apr 2012.
The average size of a house on LUTTERWORTH ROAD is 114 sq meters (1,236 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greystoke Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Larchwood Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Larchwood Grove |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Larchwood Grove |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ashbrooke Cross |