£131,961
This estimated value is based upon the latest sale price for the house of £38,500 on 14 May 2001. 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 |
---|---|
£38,500 | 14 May 2001 |
Detached |
Freehold |
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 May 2001 the House Price Index for LUTON was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £38,500 results in an estimated price of approximately £131,961.
14 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 148.6 | 242.757 % | £38,500 | £93,461 | £131,961 |
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 | 315.466 % | £121,454 | £159,954 |
3 Month Average | 170.812 % | £65,762 | £104,262 |
6 Month Average | 190.670 % | £73,407 | £111,907 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £265,937 | £262,000 | 1 ANTHONY GARDENS |
2 Nov 2023 | £253,757 | £250,000 | 4 ANTHONY GARDENS |
1 Nov 2023 | £121,803 | £120,000 | 8 FLINT COURT FARLEY HILL |
5 Aug 2022 | £296,701 | £297,500 | 66 FARLEY HILL |
10 Sep 2021 | £352,373 | £327,000 | 68 FARLEY HILL |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Anthony Gardens | |
Feb 2024 | Anti-social behaviour | On or near Anthony Gardens | |
Dec 2023 | Public order | Awaiting court outcome | On or near Anthony Gardens |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Anthony Gardens |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Farley Hill |