Full Address

1 BUCKINGHAM DRIVE
CHAPEL ST LEONARDS
SKEGNESS
LINCOLNSHIRE
UNITED KINGDOM
PE24 5UN

Estimated Market Value

£146,112

This estimated value is based upon the latest sale price for the house of £145,000 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE1

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Transactions for this house
Price PaidDate
£145,00010 Aug 2018
£94,80029 Jan 2007
House Details
Semi-Detached
Freehold

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 August 2018 the House Price Index for LINCOLNSHIRE was 123.6.

The House Price Index as of 1 Dec 2019 is 124.6 which is a change of 0.767%.

Applying this 0.767% change to the original purchase price of £145,000 gives us an estimated price now of around £146,112.

10 Aug 2018 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
123.6 124.6 0.767 % £145,000 £1,112 £146,112

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 38.543 % £55,886 £200,886
3 Month Average 16.718 % £24,241 £169,241
6 Month Average 0.333 % £482 £145,482
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
29 Aug 2019 £152,813 £153,000 52 WARWICK ROAD
29 May 2019 £90,808 £90,000 22 WARWICK ROAD
11 Feb 2019 £152,179 £151,000 46 BUCKINGHAM DRIVE
12 Oct 2018 £118,236 £118,000 2 BEACH AVENUE
10 Aug 2018 £219,168 £217,500 22 ANCASTER 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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