£267,805
This estimated value is based upon the latest sale price for the house of £48,000 on 27 Jan 1995. 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 |
|---|---|
| £48,000 | 27 Jan 1995 |
| Terraced |
| 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 January 1995 the House Price Index for LUTON was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.929%.Applying this 457.929% change to the original purchase price of £48,000 results in an estimated price of approximately £267,805.
| 27 Jan 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 457.929 % | £48,000 | £219,805 | £267,805 |
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 | 470.693 % | £225,932 | £273,932 |
| 3 Month Average | 395.602 % | £189,888 | £237,888 |
| 6 Month Average | 450.906 % | £216,434 | £264,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £282,471 | £280,000 | 37 DOREL CLOSE |
| 23 Feb 2023 | £349,765 | £350,000 | 3 RICHMOND HILL |
| 17 May 2022 | £295,569 | £290,000 | 13 RICHMOND HILL |
| 12 Apr 2022 | £350,132 | £340,000 | 11 RICHMOND HILL |
| 22 Feb 2022 | £304,121 | £290,000 | 31 RICHMOND HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingston Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingston Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingston Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alice Court |