£223,207
This estimated value is based upon the latest sale price for the house of £131,500 on 23 Apr 2010. 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 |
|---|---|
| £131,500 | 23 Apr 2010 |
| Terraced |
| 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 April 2010 the House Price Index for LUTON was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £131,500 results in an estimated price of approximately £223,207.
| 23 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £131,500 | £91,707 | £223,207 |
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 | 72.390 % | £95,192 | £226,692 |
| 3 Month Average | 56.875 % | £74,790 | £206,290 |
| 6 Month Average | 72.523 % | £95,367 | £226,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £322,779 | £318,000 | 60 COLIN ROAD |
| 1 Nov 2023 | £304,508 | £300,000 | 42 COLIN ROAD |
| 8 Sep 2023 | £319,080 | £315,000 | 37 COLIN ROAD |
| 25 Apr 2023 | £247,667 | £245,000 | 20 PRESTON GARDENS |
| 3 Apr 2023 | £267,884 | £265,000 | 8 COLIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colin Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colin Place |
| Mar 2024 | Anti-social behaviour | On or near Colin Place | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colin Place |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colin Place |