Full Address

PE24 5SS

Estimated Market Value


This estimated value is based upon the latest sale price for the house of £11,250 on 3 Jun 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE1

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Transactions for this house
Price PaidDate
£11,2503 Jun 2005
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 June 2005 the House Price Index for LINCOLNSHIRE was 92.2.

The House Price Index as of 1 Jun 2018 is 120.4 which is a change of 30.609%.

Applying this 30.609% change to the original purchase price of £11,250 gives us an estimated price now of around £14,693.

3 Jun 2005 1 Jun 2018 % change Purchase Price Gain / Loss Estimated Price
92.2 120.4 30.609 % £11,250 £3,443 £14,693

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 38.267 % £4,304 £15,554
3 Month Average 24.428 % £2,748 £13,998
6 Month Average 16.675 % £1,875 £13,125

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

In June 2005 the average sale price for the 50 nearest sales within six miles of 18 EPSOM AVENUE was £122,559.

In August 2018 the average sale price for the 18 nearest sales was £165,772. This is a change of 35.259%.

So taking the original purchase price of £11,250 and adjusting it by 35.259% gives an estimated price of £15,216.

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

Average price on 3 Jun 2005 Average price on 30 Aug 2018 % change Purchase Price Gain / Loss Estimated Price
£122,559 £165,772 35.259 % £11,250 £3,966 £15,216
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
2 Feb 2018 £130,555 £129,750 21 CROWN AVENUE
10 Jan 2018 £145,898 £144,250 19 WARWICK ROAD
19 Dec 2017 £158,549 £156,000 36 WARWICK ROAD
30 Oct 2017 £9,711 £9,500 14 EPSOM AVENUE
14 Sep 2017 £173,371 £170,000 20 CROWN 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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