£91,738
This estimated value is based upon the latest sale price for the house of £75,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£75,000 | 29 May 2020 |
£22,500 | 13 Dec 2002 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 May 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £75,000 results in an estimated price of approximately £91,738.
29 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £75,000 | £16,738 | £91,738 |
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 | 8.515 % | £6,386 | £81,386 |
3 Month Average | 25.842 % | £19,381 | £94,381 |
6 Month Average | 25.614 % | £19,210 | £94,210 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £50,890 | £50,000 | 48 LADYKIRK ROAD |
24 Nov 2023 | £41,616 | £41,000 | 6 HAMPSTEAD ROAD |
3 Jul 2023 | £45,614 | £45,000 | 20 HAMPSTEAD ROAD |
16 Jun 2023 | £60,736 | £60,000 | 153 LADYKIRK ROAD |
28 Apr 2023 | £80,365 | £79,500 | 67 LADYKIRK ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 10 Nov 2018. Using an estimated price of £91,739 means this house is valued at £1,369 per sq meter (£127 per sq foot).
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 Gill Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gill Street |
Mar 2024 | Anti-social behaviour | On or near Gill Street | |
Mar 2024 | Anti-social behaviour | On or near Gill Street | |
Mar 2024 | Anti-social behaviour | On or near Gill Street |