£252,976
This estimated value is based upon the latest sale price for the house of £201,000 on 31 Jul 2017. 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 |
|---|---|
| £201,000 | 31 Jul 2017 |
| £23,000 | 28 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 July 2017 the House Price Index for LUTON was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £201,000 results in an estimated price of approximately £252,976.
| 31 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £201,000 | £51,976 | £252,976 |
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 | 47.517 % | £95,508 | £296,508 |
| 3 Month Average | -17.735 % | £-35,648 | £165,351 |
| 6 Month Average | -12.886 % | £-25,901 | £175,098 |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 2 Jun 2018.
The average size of a house on CHASE STREET is 46 sq meters (498 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chase Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near May Street |
| Feb 2024 | Drugs | Under investigation | On or near May Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near May Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near May Street |