£322,064
This estimated value is based upon the latest sale price for the house of £257,000 on 7 Mar 2018. 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 |
|---|---|
| £257,000 | 7 Mar 2018 |
| £163,000 | 25 Jun 2010 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,106 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 March 2018 the House Price Index for LUTON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £257,000 results in an estimated price of approximately £322,064.
| 7 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £257,000 | £65,064 | £322,064 |
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 | 13.306 % | £34,196 | £291,196 |
| 3 Month Average | 2.529 % | £6,500 | £263,500 |
| 6 Month Average | 11.818 % | £30,372 | £287,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £371,500 | £365,000 | 87 EATON VALLEY ROAD |
| 14 Jul 2023 | £324,366 | £320,000 | 23 EATON VALLEY ROAD |
| 8 Feb 2023 | £284,808 | £285,000 | 260 DEVON ROAD |
| 26 Oct 2022 | £375,952 | £380,000 | 114 EATON VALLEY ROAD |
| 27 Jun 2022 | £252,569 | £249,000 | 226 DEVON ROAD |
This house has a floor area of 102 sq meters or 1,106 sq feet when measured on 9 Dec 2009. Using an estimated price of £322,065 means this house is valued at £3,132 per sq meter (£291 per sq foot).
The average size of a house on EATON VALLEY ROAD is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Eaton Valley Road |
| 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 | Under investigation | On or near Plymouth Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Close |