£186,540
This estimated value is based upon the latest sale price for the house of £55,000 on 13 Jun 2001. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Verde Close
More crime details
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £55,000 | 13 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
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 2001 the House Price Index for LUTON was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £55,000 results in an estimated price of approximately £186,540.
| 13 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £55,000 | £131,540 | £186,540 |
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 | 221.954 % | £122,074 | £177,074 |
| 3 Month Average | 188.277 % | £103,552 | £158,552 |
| 6 Month Average | 229.116 % | £126,013 | £181,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £126,533 | £125,000 | 96 SUNNINGDALE |
| 20 Mar 2023 | £360,395 | £357,000 | 24 VERDE CLOSE |
| 28 Nov 2022 | £146,723 | £148,500 | 46 BIRCHEN GROVE |
| 19 Oct 2022 | £196,732 | £198,850 | 50 BIRCHEN GROVE |
| 30 Jun 2022 | £304,351 | £300,050 | 28 VERDE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Verde Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Verde Close |
| Mar 2024 | Anti-social behaviour | On or near Englefield | |
| Jan 2024 | Drugs | Local resolution | On or near Englefield |
| Dec 2023 | Anti-social behaviour | On or near Englefield |