£1,298,621
This estimated value is based upon the latest sale price for the house of £680,000 on 29 Sep 2004. 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 |
|---|---|
| £680,000 | 29 Sep 2004 |
| £245,000 | 20 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,877 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 2004 the House Price Index for LUTON was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £680,000 results in an estimated price of approximately £1,298,621.
| 29 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £680,000 | £618,621 | £1,298,621 |
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 | 121.406 % | £825,558 | £1,505,558 |
| 3 Month Average | 39.931 % | £271,531 | £951,531 |
| 6 Month Average | 51.702 % | £351,571 | £1,031,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £302,853 | £300,000 | 49 CARDIFF ROAD |
| 5 Aug 2022 | £85,769 | £86,000 | FLAT 3 14 CARDIFF GROVE |
| 23 Jun 2022 | £7,303,209 | £7,200,000 | 14 CARDIFF ROAD |
| 7 Dec 2021 | £72,854 | £68,000 | FLAT 1 8 CARDIFF GROVE |
| 19 Nov 2021 | £232,525 | £215,000 | 34 ADELAIDE STREET |
This house has a floor area of 174 sq meters or 1,877 sq feet when measured on 4 Oct 2011. Using an estimated price of £1,298,621 means this house is valued at £7,445 per sq meter (£691 per sq foot).
The average size of a house on CARDIFF ROAD is 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cardiff Road | |
| Feb 2024 | Anti-social behaviour | On or near Cardiff Road | |
| Feb 2024 | Anti-social behaviour | On or near Cardiff Road | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cardiff Road |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Cardiff Road |