£116,410
This estimated value is based upon the latest sale price for the house of £115,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £115,000 | 16 Jun 2023 |
| £105,000 | 18 Apr 2019 |
| £74,000 | 1 Sep 2004 |
| £30,000 | 24 Nov 2003 |
| £13,995 | 31 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 June 2023 the House Price Index for LUTON was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £115,000 results in an estimated price of approximately £116,410.
| 16 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £115,000 | £1,410 | £116,410 |
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 | 3.656 % | £4,204 | £119,204 |
| 3 Month Average | -29.005 % | £-33,356 | £81,643 |
| 6 Month Average | -22.498 % | £-25,873 | £89,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £116,410 | £115,000 | FLAT 4 18 NAPIER ROAD |
| 10 Mar 2023 | £378,567 | £375,000 | 22 NAPIER ROAD |
| 23 Feb 2023 | £139,906 | £140,000 | 51C BUXTON ROAD |
| 15 Aug 2022 | £314,154 | £315,000 | 52 BUXTON ROAD |
| 21 Dec 2021 | £126,423 | £118,000 | 47A ROTHESAY ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 3 Apr 2012. Using an estimated price of £116,410 means this house is valued at £3,063 per sq meter (£284 per sq foot).
The average size of a house on NAPIER ROAD is 50 sq meters (544 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Western Road |