£808,732
This estimated value is based upon the latest sale price for the house of £645,000 on 23 Aug 2017. 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 |
|---|---|
| £645,000 | 23 Aug 2017 |
| £387,500 | 19 Sep 2002 |
| £359,000 | 30 Mar 2000 |
| £90,500 | 23 Oct 1998 |
| Detached |
| Freehold |
| Floor Area: 193 sq meters or 2,077 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 August 2017 the House Price Index for LUTON was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £645,000 results in an estimated price of approximately £808,732.
| 23 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £645,000 | £163,732 | £808,732 |
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 | 7.751 % | £49,993 | £694,993 |
| 3 Month Average | -3.244 % | £-20,921 | £624,078 |
| 6 Month Average | 12.188 % | £78,613 | £723,613 |
This house has a floor area of 193 sq meters or 2,077 sq feet when measured on 24 May 2016.
There is one other house on the street which we know the size of, this is 3 ACORN CLOSE it is 218.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Acorn Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Acorn Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Preacher Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Preacher Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Preacher Close |