£268,878
This estimated value is based upon the latest sale price for the house of £218,500 on 15 Aug 2019. 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 |
|---|---|
| £218,500 | 15 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 August 2019 the House Price Index for LUTON was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £218,500 results in an estimated price of approximately £268,878.
| 15 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £218,500 | £50,378 | £268,878 |
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 | 2.183 % | £4,769 | £223,269 |
| 3 Month Average | -2.723 % | £-5,949 | £212,550 |
| 6 Month Average | 13.361 % | £29,192 | £247,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £305,337 | £299,995 | 7 LOTHAIR ROAD |
| 27 Nov 2023 | £279,133 | £275,000 | 24 ST THOMASS ROAD |
| 25 Mar 2022 | £279,791 | £270,000 | 58 ST THOMAS'S ROAD |
| 6 Dec 2021 | £412,480 | £385,000 | 61 LOTHAIR ROAD |
| 19 Nov 2021 | £183,857 | £170,000 | 11 CHERRINGTON COURT LOTHAIR ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Mar 2019. Using an estimated price of £268,878 means this house is valued at £3,896 per sq meter (£362 per sq foot).
The average size of a house on TANCRED ROAD is 114 sq meters (1,235 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tancred Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tancred Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Tancred Road |
| Jan 2024 | Anti-social behaviour | On or near Tancred Road | |
| Jan 2024 | Anti-social behaviour | On or near Tancred Road |