£338,803
This estimated value is based upon the latest sale price for the house of £329,000 on 5 Apr 2022. 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 |
---|---|
£329,000 | 5 Apr 2022 |
£309,000 | 24 Nov 2017 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 April 2022 the House Price Index for LUTON was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £329,000 results in an estimated price of approximately £338,803.
5 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £329,000 | £9,803 | £338,803 |
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 | -22.210 % | £-73,070 | £255,929 |
3 Month Average | -10.093 % | £-33,205 | £295,794 |
6 Month Average | -0.995 % | £-3,273 | £325,726 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £203,562 | £200,000 | 196 BIRCHEN GROVE |
26 Sep 2023 | £410,245 | £405,000 | 17 PREACHER CLOSE |
29 Aug 2023 | £133,165 | £132,000 | 218 BIRCHEN GROVE |
28 Feb 2023 | £345,767 | £346,000 | 3 PREACHER CLOSE |
28 Feb 2023 | £184,876 | £185,000 | 162 BIRCHEN GROVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 26 Oct 2017. Using an estimated price of £338,804 means this house is valued at £4,343 per sq meter (£403 per sq foot).
The average size of a house on PREACHER CLOSE is 93 sq meters (1,003 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Preacher Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Preacher Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Preacher Close |
Jan 2024 | Anti-social behaviour | On or near Cassidy Close | |
Jan 2024 | Anti-social behaviour | On or near Cassidy Close |