£253,401
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Jul 2004. This value is then adjusted by the current Official House Price Index for LUTON 1
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Jansel House Parade, 656 Hitchin Road, Stopsley, Luton, LU2 7XH
Phone: 01582879107
| Price Paid | Date |
|---|---|
| £130,000 | 30 Jul 2004 |
| £70,500 | 5 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 July 2004 the House Price Index for LUTON was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £130,000 results in an estimated price of approximately £253,401.
| 30 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £130,000 | £123,401 | £253,401 |
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 | 99.377 % | £129,190 | £259,190 |
| 3 Month Average | 76.762 % | £99,790 | £229,790 |
| 6 Month Average | 97.614 % | £126,898 | £256,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £291,929 | £288,000 | 68 HAWTHORN AVENUE |
| 23 Mar 2023 | £323,043 | £320,000 | 30 RAVENSTHORPE |
| 16 Mar 2023 | £302,853 | £300,000 | 43 HAWTHORN AVENUE |
| 25 Jul 2022 | £376,012 | £375,000 | 31 HAWTHORN AVENUE |
| 11 Jul 2022 | £446,201 | £445,000 | 5 WIGMORE LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 22 Apr 2015. Using an estimated price of £253,401 means this house is valued at £4,223 per sq meter (£392 per sq foot).
The average size of a house on MAYFIELD ROAD is 74 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfield Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfield Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Ravensthorpe |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravensthorpe |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravensthorpe |