£493,349
This estimated value is based upon the latest sale price for the house of £400,000 on 12 Jul 2019. 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 Fairford Avenue
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593 Hitchin Road, Stopsley, Luton, LU2 7UN
Phone: 01582955773
| Price Paid | Date |
|---|---|
| £400,000 | 12 Jul 2019 |
| £165,000 | 5 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,599 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 2019 the House Price Index for LUTON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £400,000 results in an estimated price of approximately £493,349.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £400,000 | £93,349 | £493,349 |
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 | 5.231 % | £20,925 | £420,925 |
| 3 Month Average | -0.658 % | £-2,630 | £397,369 |
| 6 Month Average | 12.675 % | £50,699 | £450,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £329,884 | £325,000 | 30 BENINGTON CLOSE |
| 29 Sep 2023 | £445,699 | £440,000 | 4 LIPPITTS HILL |
| 7 Sep 2023 | £415,310 | £410,000 | 21 BENINGTON CLOSE |
| 30 Jun 2023 | £521,315 | £515,000 | 51 FAIRFORD AVENUE |
| 15 Aug 2022 | £309,168 | £310,000 | 25 BENINGTON CLOSE |
This house has a floor area of 148 sq meters or 1,599 sq feet when measured on 9 Jan 2010. Using an estimated price of £493,350 means this house is valued at £3,319 per sq meter (£308 per sq foot).
The average size of a house on LIPPITTS HILL is 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairford Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairford Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairford Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Benington Close |
| Jan 2024 | Anti-social behaviour | On or near Foxhill |