£1,853,032
This estimated value is based upon the latest sale price for the house of £1,500,000 on 4 Jan 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
Price Paid | Date |
---|---|
£1,500,000 | 4 Jan 2019 |
Freehold |
Floor Area: 481 sq meters or 5,177 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 January 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,853,032.
4 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £1,500,000 | £353,032 | £1,853,032 |
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 | 6.135 % | £92,022 | £1,592,022 |
3 Month Average | -2.776 % | £-41,645 | £1,458,354 |
6 Month Average | 6.322 % | £94,830 | £1,594,830 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £330,788 | £325,000 | 21 BLAYDON ROAD |
24 Nov 2023 | £329,884 | £325,000 | 27 BLAYDON ROAD |
21 Jul 2023 | £172,319 | £170,000 | 13 LEYGREEN CLOSE |
28 Apr 2023 | £318,429 | £315,000 | 10 BLAYDON ROAD |
6 Jan 2023 | £338,406 | £340,000 | 47 LEYGREEN CLOSE |
This house has a floor area of 481 sq meters or 5,177 sq feet when measured on 1 Aug 2021. Using an estimated price of £1,853,033 means this house is valued at £3,852 per sq meter (£357 per sq foot).
The average size of a house on CRAWLEY GREEN ROAD is 84 sq meters (907 sq feet).
This house is the largest in the street with a floor area of 481 sq meters (5,177 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Leygreen Close | |
Feb 2024 | Anti-social behaviour | On or near Leygreen Close | |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Leygreen Close |
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Leygreen Close |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Leygreen Close |