£384,441
This estimated value is based upon the latest sale price for the house of £304,950 on 24 Nov 2017. 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 |
---|---|
£304,950 | 24 Nov 2017 |
Semi-Detached |
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 November 2017 the House Price Index for LUTON was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £304,950 results in an estimated price of approximately £384,441.
24 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £304,950 | £79,491 | £384,441 |
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 | 5.901 % | £17,995 | £322,945 |
3 Month Average | -7.317 % | £-22,311 | £282,638 |
6 Month Average | 5.946 % | £18,131 | £323,081 |
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 | £184,876 | £185,000 | 162 BIRCHEN GROVE |
28 Feb 2023 | £345,767 | £346,000 | 3 PREACHER CLOSE |
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 £384,441 means this house is valued at £4,928 per sq meter (£457 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 |