£591,499
This estimated value is based upon the latest sale price for the house of £480,000 on 27 Apr 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
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593 Hitchin Road, Stopsley, Luton, LU2 7UN
Phone: 01582955773
Price Paid | Date |
---|---|
£480,000 | 27 Apr 2018 |
Detached |
Freehold |
Floor Area: 134 sq meters or 1,442 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 April 2018 the House Price Index for LUTON was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £480,000 results in an estimated price of approximately £591,499.
27 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 146.7 | 23.229 % | £480,000 | £111,499 | £591,499 |
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 | 6.035 % | £28,968 | £508,968 |
3 Month Average | -5.781 % | £-27,748 | £452,251 |
6 Month Average | 7.852 % | £37,691 | £517,691 |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 8 Jan 2018.
The average size of a house on CLINTON AVENUE is 160 sq meters (1,722 sq feet).
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 | Unable to prosecute suspect | On or near Preacher Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Preacher Close |