£61,693
This estimated value is based upon the latest sale price for the house of £10,750 on 16 Oct 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£10,750 | 16 Oct 1995 |
Terraced |
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 October 1995 the House Price Index for TYNE AND WEAR was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 473.891%.Applying this 473.891% change to the original purchase price of £10,750 results in an estimated price of approximately £61,693.
16 Oct 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.1 | 149.7 | 473.891 % | £10,750 | £50,943 | £61,693 |
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 | 583.624 % | £62,739 | £73,489 |
3 Month Average | 493.369 % | £53,037 | £63,787 |
6 Month Average | 409.650 % | £44,037 | £54,787 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £51,585 | £50,000 | 48 LADYKIRK ROAD |
12 Oct 2023 | £78,789 | £77,000 | 31 LADYKIRK ROAD |
16 Jun 2023 | £61,227 | £60,000 | 153 LADYKIRK ROAD |
28 Apr 2023 | £81,015 | £79,500 | 67 LADYKIRK ROAD |
24 Mar 2023 | £66,104 | £65,000 | 82 HAMPSTEAD ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 14 Mar 2014. Using an estimated price of £61,693 means this house is valued at £780 per sq meter (£72 per sq foot).
The average size of a house on LADYKIRK ROAD is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Gill Street |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Gill Street |
Oct 2024 | Anti-social behaviour | On or near Gill Street | |
Oct 2024 | Anti-social behaviour | On or near Gill Street | |
Sep 2024 | Anti-social behaviour | On or near Gill Street |