£389,696
This estimated value is based upon the latest sale price for the house of £325,000 on 21 Aug 2020. 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 |
|---|---|
| £325,000 | 21 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2020 the House Price Index for LUTON was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £325,000 results in an estimated price of approximately £389,696.
| 21 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £325,000 | £64,696 | £389,696 |
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 | 15.068 % | £48,969 | £373,969 |
| 3 Month Average | -5.630 % | £-18,297 | £306,702 |
| 6 Month Average | 6.565 % | £21,336 | £346,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £324,366 | £320,000 | 37 CANNON LANE |
| 5 Apr 2023 | £353,810 | £350,000 | 32 GREENWAYS |
| 24 Mar 2023 | £353,329 | £350,000 | 3 DELLCOT CLOSE |
| 27 Jul 2022 | £180,486 | £180,000 | 1 CANNON LANE |
| 30 May 2022 | £163,073 | £160,000 | 15 ELDERBERRY CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 2 Apr 2020. Using an estimated price of £389,696 means this house is valued at £4,059 per sq meter (£377 per sq foot).
The average size of a house on GREENWAYS is 116 sq meters (1,257 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Greenways | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Cannon Lane |
| Mar 2024 | Other theft | Under investigation | On or near Elderberry Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elderberry Close |