£158,782
This estimated value is based upon the latest sale price for the house of £121,000 on 10 Nov 2016. 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 Ladykirk Road
More crime details
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| Price Paid | Date |
|---|---|
| £121,000 | 10 Nov 2016 |
| Freehold |
| Floor Area: 79 sq meters or 850 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 November 2016 the House Price Index for TYNE AND WEAR was 112.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.226%.Applying this 31.226% change to the original purchase price of £121,000 results in an estimated price of approximately £158,782.
| 10 Nov 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.0 | 31.226 % | £121,000 | £37,782 | £158,782 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 63.558 % | £76,904 | £197,904 |
| 3 Month Average | 3.491 % | £4,223 | £125,223 |
| 6 Month Average | 12.771 % | £15,452 | £136,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £120,407 | £120,000 | 17 WESTERN AVENUE |
| 19 Jul 2023 | £141,337 | £140,000 | 12 NORMOUNT AVENUE |
| 30 Jun 2023 | £176,431 | £175,000 | 136 NORMOUNT ROAD |
| 16 Jun 2023 | £60,490 | £60,000 | 153 LADYKIRK ROAD |
| 6 Feb 2023 | £154,270 | £155,000 | 117 NORMOUNT ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 Jul 2013. Using an estimated price of £158,783 means this house is valued at £2,009 per sq meter (£186 per sq foot).
The average size of a house on FAIRHOLM ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ladykirk Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ladykirk Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ladykirk Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ladykirk Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ladykirk Road |