£493,923
This estimated value is based upon the latest sale price for the house of £112,000 on 4 Jun 1999. 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 Elm Grove
More crime details
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| Price Paid | Date |
|---|---|
| £112,000 | 4 Jun 1999 |
| Detached |
| Freehold |
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 June 1999 the House Price Index for TYNE AND WEAR was 33.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 341.003%.Applying this 341.003% change to the original purchase price of £112,000 results in an estimated price of approximately £493,923.
| 4 Jun 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 149.7 | 341.003 % | £112,000 | £381,923 | £493,923 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | 207.073 % | £231,921 | £343,921 |
| 3 Month Average | 235.398 % | £263,645 | £375,645 |
| 6 Month Average | 206.355 % | £231,117 | £343,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £183,643 | £178,000 | 6 LEYBOURNE AVENUE |
| 10 Nov 2023 | £194,949 | £190,000 | 13 LEYBOURNE AVENUE |
| 29 Sep 2023 | £173,832 | £170,000 | 5 LEYBOURNE AVENUE |
| 5 Sep 2023 | £357,889 | £350,000 | ASHCROFT WEST LANE |
| 8 Feb 2023 | £251,681 | £250,000 | 4 LEYBOURNE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Elm Grove |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Elm Grove |
| Jun 2024 | Anti-social behaviour | On or near Elm Grove | |
| Jun 2024 | Anti-social behaviour | On or near Elm Grove | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Leybourne Dene |