Full Address

PE24 5SS

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Transactions for this house
Price PaidDate
£8,5006 May 1998
House Details

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.

When this house was purchased in May 1998 the House Price Index for LINCOLNSHIRE was 32.7.

The House Price Index as of 1 Dec 2019 is 124.6 which is a change of 281.150%.

Applying this 281.150% change to the original purchase price of £8,500 gives us an estimated price now of around £32,397.

6 May 1998 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
32.7 124.6 281.150 % £8,500 £23,897 £32,397

The Postcode Pricing Model uses changes in average sales price within the PE24 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 201.045 % £17,088 £25,588
3 Month Average 270.670 % £23,006 £31,506
6 Month Average 173.395 % £14,738 £23,238

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In May 1998 the average sale price for the 50 nearest sales within seven miles of 5 EPSOM AVENUE was £48,143.

In August 2020 the average sale price for the 4 nearest sales was £119,128. This is a change of 147.446%.

So taking the original purchase price of £8,500 and adjusting it by 147.446% gives an estimated price of £21,032.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 6 May 1998 Average price on 25 Aug 2020 % change Purchase Price Gain / Loss Estimated Price
£48,143 £119,128 147.446 % £8,500 £12,532 £21,032
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
11 Sep 2019 £159,247 £159,995 67 WILTON AVENUE
29 Aug 2019 £152,813 £153,000 52 WARWICK ROAD
29 May 2019 £90,808 £90,000 22 WARWICK ROAD
18 Oct 2018 £145,290 £145,000 17 CROWN AVENUE
12 Oct 2018 £145,290 £145,000 55 WILTON AVENUE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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