£102,597
This estimated value is based upon the latest sale price for the house of £60,000 on 8 Apr 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £60,000 | 8 Apr 2010 |
| £34,750 | 21 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 987 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 April 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £60,000 results in an estimated price of approximately £102,597.
| 8 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 70.996 % | £60,000 | £42,597 | £102,597 |
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 | 77.068 % | £46,240 | £106,240 |
| 3 Month Average | 72.544 % | £43,526 | £103,526 |
| 6 Month Average | 58.638 % | £35,182 | £95,182 |
| 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 91 sq meters or 987 sq feet when measured on 21 Jul 2011. Using an estimated price of £102,598 means this house is valued at £1,117 per sq meter (£103 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 |