£326,856
This estimated value is based upon the latest sale price for the house of £260,000 on 15 Dec 2017. 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 |
|---|---|
| £260,000 | 15 Dec 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 December 2017 the House Price Index for LUTON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £260,000 results in an estimated price of approximately £326,856.
| 15 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £260,000 | £66,856 | £326,856 |
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 | -6.096 % | £-15,849 | £244,150 |
| 3 Month Average | -7.636 % | £-19,854 | £240,145 |
| 6 Month Average | 5.082 % | £13,213 | £273,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £276,087 | £272,000 | 41 STAPLEFORD ROAD |
| 19 Sep 2023 | £319,080 | £315,000 | 63 STAPLEFORD ROAD |
| 5 Jul 2023 | £291,929 | £288,000 | 68 HAWTHORN AVENUE |
| 23 Mar 2023 | £323,043 | £320,000 | 30 RAVENSTHORPE |
| 6 May 2022 | £317,992 | £312,000 | 5 RAVENSTHORPE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 20 Oct 2017. Using an estimated price of £326,857 means this house is valued at £3,268 per sq meter (£303 per sq foot).
The average size of a house on RAVENSTHORPE is 78 sq meters (841 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Mar 2024 | Anti-social behaviour | On or near Stapleford Road | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stapleford Road |