Full Address

19 WARWICK ROAD
CHAPEL ST LEONARDS
SKEGNESS
LINCOLNSHIRE
UNITED KINGDOM
PE24 5UL

Estimated Market Value

£148,046

This estimated value is based upon the latest sale price for the house of £144,250 on 10 Jan 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
£144,25010 Jan 2018
£110,0009 Jul 2008
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 January 2018 the House Price Index for LINCOLNSHIRE was 119.1.

The House Price Index as of 1 Dec 2018 is 122.2 which is a change of 2.632%.

Applying this 2.632% change to the original purchase price of £144,250 gives us an estimated price now of around £148,046.

10 Jan 2018 1 Dec 2018 % change Purchase Price Gain / Loss Estimated Price
119.1 122.2 2.632 % £144,250 £3,796 £148,046

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 8.822 % £12,725 £156,975
3 Month Average 11.629 % £16,774 £161,024
6 Month Average 14.115 % £20,360 £164,610

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

In January 2018 the average sale price for the 50 nearest sales within nine miles of 19 WARWICK ROAD was £143,719.

In January 2019 the average sale price for the 14 nearest sales was £188,623. This is a change of 31.244%.

So taking the original purchase price of £144,250 and adjusting it by 31.244% gives an estimated price of £189,319.

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

Average price on 10 Jan 2018 Average price on 30 Jan 2019 % change Purchase Price Gain / Loss Estimated Price
£143,719 £188,623 31.244 % £144,250 £45,069 £189,319
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
23 Jan 2019 £229,950 £229,950 43 ANCASTER AVENUE
24 Sep 2018 £105,744 £108,000 16 ANCASTER MEWS
1 Jun 2018 £123,745 £122,500 36 ANCASTER AVENUE
25 Jan 2018 £133,421 £130,000 58 BUCKINGHAM DRIVE
10 Jan 2018 £148,046 £144,250 19 WARWICK ROAD

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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