£274,145
This estimated value is based upon the latest sale price for the house of £162,000 on 23 Nov 2012. 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 |
|---|---|
| £162,000 | 23 Nov 2012 |
| £67,950 | 30 Mar 1999 |
| Semi-Detached |
| Freehold |
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 November 2012 the House Price Index for LUTON was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £162,000 results in an estimated price of approximately £274,145.
| 23 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £162,000 | £112,145 | £274,145 |
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 | 71.333 % | £115,558 | £277,558 |
| 3 Month Average | 47.022 % | £76,175 | £238,175 |
| 6 Month Average | 65.354 % | £105,872 | £267,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £176,544 | £175,000 | 25 BIRCHEN GROVE |
| 21 Jul 2023 | £383,157 | £378,000 | 13 NORTHVIEW ROAD |
| 14 Apr 2023 | £374,027 | £370,000 | 32 NORTHVIEW ROAD |
| 29 Mar 2023 | £210,910 | £208,923 | 3 ENGLEFIELD |
| 7 Mar 2023 | £401,281 | £397,500 | 16 FELIX AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Rose Wood Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rose Wood Close |
| Mar 2024 | Anti-social behaviour | On or near Englefield | |
| Jan 2024 | Drugs | Local resolution | On or near Englefield |
| Dec 2023 | Anti-social behaviour | On or near Englefield |