£370,580
This estimated value is based upon the latest sale price for the house of £300,000 on 15 Feb 2019. 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 |
---|---|
£300,000 | 15 Feb 2019 |
£188,000 | 28 Feb 2014 |
£179,000 | 23 Apr 2004 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 February 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £300,000 results in an estimated price of approximately £370,580.
15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £300,000 | £70,580 | £370,580 |
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 | 26.856 % | £80,568 | £380,568 |
3 Month Average | -3.358 % | £-10,074 | £289,925 |
6 Month Average | 6.970 % | £20,908 | £320,908 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £383,157 | £378,000 | 13 NORTHVIEW ROAD |
28 Apr 2023 | £358,864 | £355,000 | 431 HITCHIN ROAD |
14 Apr 2023 | £374,027 | £370,000 | 32 NORTHVIEW ROAD |
7 Mar 2023 | £401,281 | £397,500 | 16 FELIX AVENUE |
27 Jan 2023 | £243,851 | £245,000 | 26 NORTHVIEW ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 28 Aug 2013. Using an estimated price of £370,580 means this house is valued at £3,984 per sq meter (£370 per sq foot).
The average size of a house on FELIX AVENUE is 92 sq meters (993 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Felix Avenue |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Felix Avenue |
Dec 2023 | Anti-social behaviour | On or near Felix Avenue | |
Dec 2023 | Anti-social behaviour | On or near Felix Avenue | |
Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Felix Avenue |