£257,177
This estimated value is based upon the latest sale price for the house of £56,250 on 28 Oct 1998. 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 |
|---|---|
| £56,250 | 28 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 1998 the House Price Index for LUTON was 32.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 357.205%.Applying this 357.205% change to the original purchase price of £56,250 results in an estimated price of approximately £257,177.
| 28 Oct 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 146.7 | 357.205 % | £56,250 | £200,927 | £257,177 |
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 | 385.313 % | £216,738 | £272,988 |
| 3 Month Average | 306.929 % | £172,647 | £228,897 |
| 6 Month Average | 369.087 % | £207,611 | £263,861 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 16 Jul 2015.
The average size of a house on RIDGWAY ROAD is 77 sq meters (838 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Ridgway Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ridgway Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Ridgway Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Winch Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Winch Street |