£53,013
This estimated value is based upon the latest sale price for the house of £23,500 on 30 Oct 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £23,500 | 30 Oct 2003 |
| Terraced |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2003 the House Price Index for TYNE AND WEAR was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £23,500 results in an estimated price of approximately £53,013.
| 30 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £23,500 | £29,513 | £53,013 |
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 | 149.969 % | £35,242 | £58,742 |
| 3 Month Average | 136.776 % | £32,142 | £55,642 |
| 6 Month Average | 141.782 % | £33,318 | £56,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £51,585 | £50,000 | 48 LADYKIRK ROAD |
| 16 Jun 2023 | £61,227 | £60,000 | 153 LADYKIRK ROAD |
| 28 Apr 2023 | £81,015 | £79,500 | 67 LADYKIRK ROAD |
| 9 Feb 2023 | £125,841 | £125,000 | 118 HAMPSTEAD ROAD |
| 7 Feb 2023 | £85,572 | £85,000 | 163 HAMPSTEAD ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 7 Dec 2018. Using an estimated price of £53,014 means this house is valued at £914 per sq meter (£84 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 | Anti-social behaviour | On or near Ladykirk Road | |
| Sep 2024 | Anti-social behaviour | On or near Ladykirk Road | |
| Sep 2024 | Anti-social behaviour | On or near Ladykirk Road | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Ladykirk Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Ladykirk Road |