£51,951
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
There has been one burglary within the last year on or near Ladykirk Road
More crime details
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| 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 Feb 2024 is 146.7 which is a change of 121.070%.Applying this 121.070% change to the original purchase price of £23,500 results in an estimated price of approximately £51,951.
| 30 Oct 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 146.7 | 121.070 % | £23,500 | £28,451 | £51,951 |
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 | 76.808 % | £18,049 | £41,549 |
| 3 Month Average | 79.404 % | £18,659 | £42,159 |
| 6 Month Average | 98.670 % | £23,187 | £46,687 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 7 Dec 2018.
The average size of a house on LADYKIRK ROAD is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ladykirk Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ladykirk Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ladykirk Road |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Ladykirk Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ladykirk Road |