£376,512
This estimated value is based upon the latest sale price for the house of £300,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Heywood Drive
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £300,000 | 19 Jan 2018 |
| £220,000 | 20 Jan 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 943 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 January 2018 the House Price Index for LUTON was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £300,000 results in an estimated price of approximately £376,512.
| 19 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £300,000 | £76,512 | £376,512 |
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 | 38.099 % | £114,297 | £414,297 |
| 3 Month Average | -0.816 % | £-2,447 | £297,552 |
| 6 Month Average | 6.531 % | £19,592 | £319,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £395,051 | £390,000 | 15 FELSTEAD WAY |
| 9 Jun 2023 | £366,439 | £362,000 | 21 FELSTEAD WAY |
| 27 Jan 2023 | £423,007 | £425,000 | 19 FELSTEAD WAY |
| 27 Jan 2023 | £179,156 | £180,000 | 66 HEYWOOD DRIVE |
| 10 Jun 2022 | £365,160 | £360,000 | 5 HEYWOOD DRIVE |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 11 Oct 2010. Using an estimated price of £376,512 means this house is valued at £4,296 per sq meter (£399 per sq foot).
The average size of a house on HEYWOOD DRIVE is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Heywood Drive |
| Feb 2024 | Anti-social behaviour | On or near Heywood Drive | |
| Feb 2024 | Anti-social behaviour | On or near Heywood Drive | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heywood Drive |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hatherley Chase |