£354,072
This estimated value is based upon the latest sale price for the house of £320,000 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for LUTON 1
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Jansel House Parade, 656 Hitchin Road, Stopsley, Luton, LU2 7XH
Phone: 01582879107
| Price Paid | Date |
|---|---|
| £320,000 | 22 Oct 2021 |
| £220,000 | 23 Mar 2016 |
| Semi-Detached |
| Freehold |
| 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 October 2021 the House Price Index for LUTON was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £320,000 results in an estimated price of approximately £354,072.
| 22 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £320,000 | £34,072 | £354,072 |
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 | -0.001 % | £-2 | £319,997 |
| 3 Month Average | -15.566 % | £-49,809 | £270,190 |
| 6 Month Average | -4.203 % | £-13,448 | £306,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £284,981 | £279,995 | 19 SOWERBY AVENUE |
| 10 Nov 2023 | £350,184 | £345,000 | 17 ALFRISTON CLOSE |
| 29 Sep 2023 | £314,015 | £310,000 | 9 LONG CLOSE |
| 4 Aug 2023 | £292,559 | £290,000 | 22 POPLARS CLOSE |
| 3 Apr 2023 | £345,722 | £342,000 | 21 SOWERBY AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 30 Sep 2015. Using an estimated price of £354,073 means this house is valued at £5,620 per sq meter (£522 per sq foot).
The average size of a house on SOWERBY AVENUE is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Alfriston Close | |
| Feb 2024 | Anti-social behaviour | On or near Alfriston Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alfriston Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Alfriston Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Alfriston Close |