£411,618
This estimated value is based upon the latest sale price for the house of £340,000 on 10 Oct 2019. 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 |
|---|---|
| £340,000 | 10 Oct 2019 |
| £142,000 | 18 Aug 2014 |
| £100,000 | 30 Nov 2006 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2019 the House Price Index for LUTON was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £340,000 results in an estimated price of approximately £411,618.
| 10 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £340,000 | £71,618 | £411,618 |
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 | 4.028 % | £13,694 | £353,694 |
| 3 Month Average | -6.213 % | £-21,124 | £318,875 |
| 6 Month Average | 10.413 % | £35,403 | £375,403 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 3 Oct 2012.
The average size of a house on TOWER ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tower Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tower Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Tower Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Road |
| Mar 2024 | Anti-social behaviour | On or near Derwent Road |