£266,118
This estimated value is based upon the latest sale price for the house of £146,000 on 30 Jul 2009. 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 |
|---|---|
| £146,000 | 30 Jul 2009 |
| Semi-Detached |
| 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 July 2009 the House Price Index for LUTON was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £146,000 results in an estimated price of approximately £266,118.
| 30 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.273 % | £146,000 | £120,118 | £266,118 |
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 | 94.816 % | £138,431 | £284,431 |
| 3 Month Average | 66.450 % | £97,016 | £243,016 |
| 6 Month Average | 90.258 % | £131,776 | £277,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £344,169 | £340,000 | 79 ROWELFIELD |
| 24 Feb 2023 | £354,761 | £355,000 | 35 HOLLYBUSH ROAD |
| 29 Apr 2022 | £370,728 | £360,000 | 44 HOLLYBUSH ROAD |
| 31 Mar 2022 | £308,288 | £297,500 | 29 POLZEATH CLOSE |
| 4 Mar 2022 | £301,552 | £291,000 | 73 ROWELFIELD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Polzeath Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Polzeath Close |
| Dec 2023 | Public order | Under investigation | On or near Polzeath Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Polzeath Close |
| Dec 2023 | Public order | Under investigation | On or near Polzeath Close |