£568,878
This estimated value is based upon the latest sale price for the house of £230,000 on 10 Jan 2003. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
Get our free house price tracker.
Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
| Price Paid | Date |
|---|---|
| £230,000 | 10 Jan 2003 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in January 2003 the House Price Index for BEDFORDSHIRE was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £230,000 results in an estimated price of approximately £568,878.
| 10 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 148.6 | 147.338 % | £230,000 | £338,878 | £568,878 |
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 | 127.678 % | £293,659 | £523,659 |
| 3 Month Average | 104.591 % | £240,559 | £470,559 |
| 6 Month Average | 139.165 % | £320,080 | £550,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £569,986 | £565,000 | 101 ARMSTRONG ROAD |
| 26 Aug 2022 | £912,544 | £915,000 | 2 GREEN LAWNS CLOSE |
| 3 Aug 2022 | £473,725 | £475,000 | 419 LUTON ROAD |
| 20 Apr 2022 | £823,839 | £800,000 | 5 THE HARROW LUTON ROAD |
| 21 Dec 2021 | £357,840 | £334,000 | 1 WATBRIDGE COTTAGES |