£400,033
This estimated value is based upon the latest sale price for the house of £299,995 on 18 Mar 2016. 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 |
|---|---|
| £299,995 | 18 Mar 2016 |
| £260,000 | 27 Jul 2015 |
| £250,000 | 25 Jun 2015 |
| £184,995 | 26 Nov 2003 |
| £110,000 | 28 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 March 2016 the House Price Index for LUTON was 110.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.347%.Applying this 33.347% change to the original purchase price of £299,995 results in an estimated price of approximately £400,033.
| 18 Mar 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 146.7 | 33.347 % | £299,995 | £100,038 | £400,033 |
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 | 51.449 % | £154,343 | £454,338 |
| 3 Month Average | 22.761 % | £68,282 | £368,277 |
| 6 Month Average | 30.388 % | £91,162 | £391,157 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 10 Jun 2015.
The average size of a house on SHELTON WAY is 133 sq meters (1,432 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitchin Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Shelton Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arnold Close |
| Jan 2024 | Anti-social behaviour | On or near Arnold Close | |
| Jan 2024 | Anti-social behaviour | On or near Arnold Close |