£187,303
This estimated value is based upon the latest sale price for the house of £51,000 on 7 Sep 2000. 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 |
|---|---|
| £51,000 | 7 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 37 sq meters or 398 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 September 2000 the House Price Index for LUTON was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £51,000 results in an estimated price of approximately £187,303.
| 7 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £51,000 | £136,303 | £187,303 |
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 | 248.091 % | £126,526 | £177,526 |
| 3 Month Average | 225.878 % | £115,197 | £166,197 |
| 6 Month Average | 258.756 % | £131,965 | £182,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £283,626 | £280,000 | 292 HITCHIN ROAD |
| 13 Sep 2023 | £288,691 | £285,000 | 244 HIGH TOWN ROAD |
| 22 Feb 2023 | £149,899 | £150,000 | FLAT 2 213B HITCHIN ROAD |
| 13 Feb 2023 | £265,821 | £266,000 | 181 HITCHIN ROAD |
| 3 Feb 2023 | £219,852 | £220,000 | 24 TREETOP CLOSE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 18 Sep 2018. Using an estimated price of £187,303 means this house is valued at £5,062 per sq meter (£470 per sq foot).
The average size of a house on HITCHIN ROAD is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Treetop Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Treetop Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Treetop Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Treetop Close |
| Dec 2023 | Criminal damage and arson | Awaiting court outcome | On or near Treetop Close |