£155,433
This estimated value is based upon the latest sale price for the house of £90,000 on 12 May 2011. 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 |
|---|---|
| £90,000 | 12 May 2011 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2011 the House Price Index for LUTON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £90,000 results in an estimated price of approximately £155,433.
| 12 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £90,000 | £65,433 | £155,433 |
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 | 73.629 % | £66,266 | £156,266 |
| 3 Month Average | 57.276 % | £51,547 | £141,547 |
| 6 Month Average | 74.276 % | £66,848 | £156,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £282,442 | £277,500 | 204 CRAWLEY GREEN ROAD |
| 21 Jul 2023 | £172,319 | £170,000 | 13 LEYGREEN CLOSE |
| 16 Jun 2023 | £313,801 | £310,000 | 8 TAUNTON AVENUE |
| 6 Jan 2023 | £338,406 | £340,000 | 47 LEYGREEN CLOSE |
| 26 Aug 2022 | £249,329 | £250,000 | 167 CRAWLEY GREEN ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 27 Nov 2012. Using an estimated price of £155,433 means this house is valued at £1,918 per sq meter (£178 per sq foot).
The average size of a house on CRAWLEY GREEN ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowridge Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Taunton Avenue |
| Feb 2024 | Anti-social behaviour | On or near Taunton Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Taunton Avenue |