£325,157
This estimated value is based upon the latest sale price for the house of £321,000 on 28 Sep 2023. This value is then adjusted by the current Official House Price Index for LUTON 1
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593 Hitchin Road, Stopsley, Luton, LU2 7UN
Phone: 01582955773
| Price Paid | Date |
|---|---|
| £321,000 | 28 Sep 2023 |
| £169,000 | 15 Nov 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 sq feet |
This model uses changes in the Official Land Registry House Price Index for LUTON to estimate the market value.
When this house was purchased in September 2023 the House Price Index for LUTON was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £321,000 results in an estimated price of approximately £325,157.
| 28 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £321,000 | £4,157 | £325,157 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 22.399 % | £71,901 | £392,901 |
| 3 Month Average | -9.907 % | £-31,801 | £289,198 |
| 6 Month Average | -2.556 % | £-8,204 | £312,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £400,936 | £395,000 | 553 HITCHIN ROAD |
| 28 Sep 2023 | £325,157 | £321,000 | 10 LYNWOOD AVENUE |
| 11 Aug 2023 | £351,071 | £348,000 | 538 HITCHIN ROAD |
| 9 Jun 2023 | £318,862 | £315,000 | 3 LYNWOOD AVENUE |
| 14 Apr 2023 | £334,603 | £331,000 | 35 LYNWOOD AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 27 Sep 2017. Using an estimated price of £325,157 means this house is valued at £4,853 per sq meter (£450 per sq foot).
The average size of a house on LYNWOOD AVENUE is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lynwood Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynwood Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynwood Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ryecroft Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mixes Hill Road |