£314,329
This estimated value is based upon the latest sale price for the house of £198,500 on 12 Feb 2014. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £198,500 | 12 Feb 2014 |
| £170,000 | 10 May 2007 |
| £85,000 | 6 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in February 2014 the House Price Index for BEDFORDSHIRE was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £198,500 results in an estimated price of approximately £314,329.
| 12 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £198,500 | £115,829 | £314,329 |
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 | 66.813 % | £132,623 | £331,123 |
| 3 Month Average | 41.662 % | £82,698 | £281,198 |
| 6 Month Average | 63.021 % | £125,096 | £323,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £324,145 | £320,000 | 39 SOMERSET AVENUE |
| 30 Jun 2023 | £325,948 | £322,000 | 2 SOMERSET AVENUE |
| 20 Jul 2022 | £325,877 | £325,000 | 27 BLOOMFIELD AVENUE |
| 6 May 2022 | £349,587 | £343,000 | 17 SOMERSET AVENUE |
| 15 Dec 2021 | £354,626 | £331,000 | 48 SOMERSET AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 5 Mar 2009. Using an estimated price of £314,330 means this house is valued at £4,135 per sq meter (£384 per sq foot).
The average size of a house on WALCOT AVENUE is 94 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Tree Row |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Oak Tree Row |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Tree Row |
| Feb 2024 | Anti-social behaviour | On or near Oak Tree Row | |
| Feb 2024 | Anti-social behaviour | On or near Oak Tree Row |