Ive just been looking around the next of SE5’s again… My favorite first war aircraft and im sure many agree.
Anyway… i know its a stupid question but whats the value of say the old Warden one? Surely with its rarity it will exceed the price of ww2 fighters? Or do they have more of a following?
What about reproductions? i mean the spot on 100% correct ones…such as the one in france? They must still be sought after by someone if they came up for sale? But how do you even value such a thing?
By: David Burke - 17th March 2007 at 15:08
You can talk of probably paying up to or more than 30K for a decent Hispano before you even think of rebuilding it! In terms of rebuild itself I guess 50K might get you somewhere near if your lucky with a commercial shop.
If you want an SE.5 which combines original bits and has a good end value don’t think in small numbers!
By: britaxcooper - 17th March 2007 at 14:09
A few years ago I emailed AJD Engineering and I was quoted £200k for an Avro 504 – minus engine. I would imagine an SE5 would be around the same.
Check out: http://www.hawker-restorations-ltd.co.uk/Completed.html
I thought something like a SE5 would have been more, due to the fact its alot more complicated that a avro, or a sopwith..who was in it to make aircraft to sell?
Suppose you can add another 30K for a engine?
By: Phillip Rhodes - 17th March 2007 at 11:16
I would guess that you can only base a SE.5’s value on the cost of replacing it. As they don’t really come on the market – I would guess at a cost of building a reproduction commercially at £3/4 million pounds. The vast majority of surviving SE.5’s have clear provenances so really the amount paid for one could be limitless depending on the pockets of the purchaser’s desire to have one.
A few years ago I emailed AJD Engineering and I was quoted £200k for an Avro 504 – minus engine. I would imagine an SE5 would be around the same.
Check out: http://www.hawker-restorations-ltd.co.uk/Completed.html
By: David Burke - 17th March 2007 at 08:19
I would guess that you can only base a SE.5’s value on the cost of replacing it. As they don’t really come on the market – I would guess at a cost of building a reproduction commercially at £3/4 million pounds. The vast majority of surviving SE.5’s have clear provenances so really the amount paid for one could be limitless depending on the pockets of the purchaser’s desire to have one.
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March 17, 2007 at 5:11 am