£288,047
This estimated value is based upon the latest sale price for the house of £211,000 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
| Price Paid | Date |
|---|---|
| £211,000 | 5 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 February 2016 the House Price Index for LUTON was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £211,000 results in an estimated price of approximately £288,047.
| 5 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £211,000 | £77,047 | £288,047 |
The Postcode Pricing Model uses changes in average sales price within the LU1 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 | 60.531 % | £127,721 | £338,721 |
| 3 Month Average | 8.122 % | £17,137 | £228,137 |
| 6 Month Average | 8.835 % | £18,641 | £229,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £197,526 | £195,000 | 32 SOMERSBY CLOSE |
| 26 Jun 2023 | £253,065 | £250,000 | 21 TAVISTOCK CRESCENT |
| 31 Jan 2023 | £288,640 | £290,000 | 4 TAVISTOCK CRESCENT |
| 5 May 2022 | £178,361 | £175,000 | 35 SOMERSBY CLOSE |
| 5 May 2022 | £217,600 | £213,500 | 62 ASHTON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 Aug 2015. Using an estimated price of £288,047 means this house is valued at £3,429 per sq meter (£318 per sq foot).
The average size of a house on ASHTON ROAD is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Tavistock Crescent | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Tavistock Crescent |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tavistock Crescent |
| Feb 2024 | Possession of weapons | Local resolution | On or near Tavistock Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashton Road |