£144,165
This estimated value is based upon the latest sale price for the house of £80,000 on 13 Dec 2005. 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 |
|---|---|
| £80,000 | 13 Dec 2005 |
| £54,000 | 25 Jan 2002 |
| Terraced |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 December 2005 the House Price Index for LUTON was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £80,000 results in an estimated price of approximately £144,165.
| 13 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £80,000 | £64,165 | £144,165 |
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 | 78.493 % | £62,794 | £142,794 |
| 3 Month Average | 64.028 % | £51,222 | £131,222 |
| 6 Month Average | 81.818 % | £65,454 | £145,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £209,669 | £206,000 | 1 FALCONERS ROAD |
| 1 Dec 2023 | £213,740 | £210,000 | 52 BRENDON AVENUE |
| 29 Sep 2023 | £329,209 | £325,000 | 97 BRENDON AVENUE |
| 31 Jul 2023 | £126,705 | £125,000 | 28 BRENDON AVENUE |
| 28 Apr 2023 | £288,102 | £285,000 | 79 FALCONERS ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 3 Mar 2014. Using an estimated price of £144,166 means this house is valued at £2,485 per sq meter (£230 per sq foot).
The average size of a house on BRENDON AVENUE is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brendon Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brendon Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porlock Drive |
| Feb 2024 | Drugs | Local resolution | On or near Porlock Drive |
| Jan 2024 | Other crime | Under investigation | On or near Porlock Drive |