£235,140
This estimated value is based upon the latest sale price for the house of £136,000 on 28 Jul 2006. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
| Price Paid | Date |
|---|---|
| £136,000 | 28 Jul 2006 |
| £75,000 | 11 Mar 2002 |
| £42,000 | 13 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 July 2006 the House Price Index for LUTON was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £136,000 results in an estimated price of approximately £235,140.
| 28 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £136,000 | £99,140 | £235,140 |
The Postcode Pricing Model uses changes in average sales price within the LU1 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 | 129.807 % | £176,537 | £312,537 |
| 3 Month Average | 45.218 % | £61,497 | £197,497 |
| 6 Month Average | 48.579 % | £66,067 | £202,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £290,075 | £285,000 | 14 ORMSBY CLOSE |
| 21 Sep 2023 | £197,526 | £195,000 | 32 SOMERSBY CLOSE |
| 11 Sep 2023 | £400,116 | £395,000 | 69 LONDON ROAD |
| 17 Mar 2023 | £393,709 | £390,000 | 75 LONDON ROAD |
| 20 May 2022 | £189,572 | £186,000 | 31 SOMERSBY CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 25 Jul 2014. Using an estimated price of £235,140 means this house is valued at £4,436 per sq meter (£412 per sq foot).
The average size of a house on ORMSBY CLOSE is 58 sq meters (631 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Ormsby Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ormsby Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ormsby Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ormsby Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ormsby Close |