£662,434
This estimated value is based upon the latest sale price for the house of £549,995 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
Price Paid | Date |
---|---|
£549,995 | 13 Mar 2020 |
Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 2020 the House Price Index for LUTON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £549,995 results in an estimated price of approximately £662,434.
13 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £549,995 | £112,439 | £662,434 |
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 | 26.547 % | £146,009 | £696,004 |
3 Month Average | -4.116 % | £-22,635 | £527,359 |
6 Month Average | 7.985 % | £43,916 | £593,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £220,768 | £217,500 | FLAT 22 BROOKLANDS COURT STIRLING DRIVE |
25 Aug 2023 | £569,986 | £565,000 | 101 ARMSTRONG ROAD |
8 Mar 2023 | £209,474 | £207,500 | FLAT 49 BROOKLANDS COURT STIRLING DRIVE |
16 Feb 2023 | £264,822 | £265,000 | FLAT 8 BROOKLANDS COURT STIRLING DRIVE |
27 May 2022 | £251,743 | £247,000 | FLAT 16 BROOKLANDS COURT STIRLING DRIVE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 5 Dec 2019. Using an estimated price of £662,434 means this house is valued at £5,056 per sq meter (£469 per sq foot).
The average size of a house on ARMSTRONG ROAD is 101 sq meters (1,088 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hunting Drive |
Mar 2024 | Anti-social behaviour | On or near Hunting Drive | |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hunting Drive |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Armstrong Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Armstrong Road |