£1,003,694
This estimated value is based upon the latest sale price for the house of £165,000 on 11 Oct 2023. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
| Price Paid | Date |
|---|---|
| £165,000 | 11 Oct 2023 |
| £75,000 | 16 Aug 2019 |
| 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 October 2023 the House Price Index for LUTON was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £165,000 results in an estimated price of approximately £1,003,694.
| 11 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £165,000 | £838,694 | £1,003,694 |
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 | 106.506 % | £175,735 | £340,735 |
| 3 Month Average | -22.298 % | £-36,792 | £128,207 |
| 6 Month Average | 19.444 % | £32,082 | £197,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £25,445 | £25,000 | SUITE F10 LONDON PARK HOUSE, 146 - 158 PARK STREET |
| 10 Nov 2023 | £129,924 | £128,000 | 83 HESWALL COURT BAILEY STREET |
| 21 Apr 2023 | £47,512 | £47,000 | SUITE F23 LONDON PARK HOUSE, 146 - 158 PARK STREET |
| 21 Oct 2022 | £32,648 | £33,000 | SUITE G14 LONDON PARK HOUSE, 146 - 158 PARK STREET |
| 31 May 2022 | £36,691 | £36,000 | SUITE F31 LONDON PARK HOUSE, 146 - 158 PARK STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Road |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Gloucester Road |
| Jan 2024 | Other theft | Under investigation | On or near Gloucester Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bolton Road |
| Mar 2024 | Anti-social behaviour | On or near Bolton Road |