£551,986
This estimated value is based upon the latest sale price for the house of £155,000 on 31 Jan 2001. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
Price Paid | Date |
---|---|
£155,000 | 31 Jan 2001 |
Detached |
Leasehold |
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 January 2001 the House Price Index for LUTON was 41.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 256.120%.Applying this 256.120% change to the original purchase price of £155,000 results in an estimated price of approximately £551,986.
31 Jan 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.7 | 148.6 | 256.120 % | £155,000 | £396,986 | £551,986 |
The Postcode Pricing Model uses changes in average sales price within the LU1 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 | 396.286 % | £614,243 | £769,243 |
3 Month Average | 190.268 % | £294,915 | £449,915 |
6 Month Average | 206.957 % | £320,782 | £475,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Oct 2022 | £32,648 | £33,000 | SUITE G14 LONDON PARK HOUSE, 146 - 158 PARK STREET |
25 Mar 2022 | £48,445 | £46,750 | SUITE S30 LONDON PARK HOUSE, 146 - 158 PARK STREET |
20 May 2021 | £59,327 | £52,500 | SUITE G16 LONDON PARK HOUSE, 146 - 158 PARK STREET |
12 Feb 2021 | £2,100,153 | £1,850,000 | THE PENTECOSTAL CHURCH CHURCH STREET |
25 Nov 2020 | £579,677 | £500,000 | 104 - 106 PARK STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Power Court |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vicarage Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vicarage Street |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Vicarage Street |