£194,743
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Sep 2013. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Farley Hill
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
Price Paid | Date |
---|---|
£120,000 | 25 Sep 2013 |
£110,000 | 24 May 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 September 2013 the House Price Index for LUTON was 90.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 62.286%.Applying this 62.286% change to the original purchase price of £120,000 results in an estimated price of approximately £194,743.
25 Sep 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 146.7 | 62.286 % | £120,000 | £74,743 | £194,743 |
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 | 99.881 % | £119,857 | £239,857 |
3 Month Average | 22.826 % | £27,391 | £147,391 |
6 Month Average | 39.577 % | £47,492 | £167,492 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 19 Aug 2019.
The average size of a house on FARLEY HILL is 85 sq meters (923 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Unable to prosecute suspect | On or near Farley Hill |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Farley Hill |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Farley Hill |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Farley Hill |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Farley Hill |