£220,552
This estimated value is based upon the latest sale price for the house of £68,000 on 5 Oct 2001. This value is then adjusted by the current Official House Price Index for LUTON 1
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
| Price Paid | Date |
|---|---|
| £68,000 | 5 Oct 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 October 2001 the House Price Index for LUTON was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £68,000 results in an estimated price of approximately £220,552.
| 5 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £68,000 | £152,552 | £220,552 |
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 | 285.722 % | £194,290 | £262,290 |
| 3 Month Average | 131.076 % | £89,131 | £157,131 |
| 6 Month Average | 152.445 % | £103,662 | £171,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £182,705 | £180,000 | 43 ARTHUR STREET |
| 19 Apr 2023 | £262,830 | £260,000 | 29 ARTHUR STREET |
| 26 Jan 2023 | £303,570 | £305,000 | 44 BAKER STREET |
| 9 Aug 2022 | £219,409 | £220,000 | 50 BAKER STREET |
| 24 Jun 2022 | £286,042 | £282,000 | 52 COWPER STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 3 Oct 2019. Using an estimated price of £220,552 means this house is valued at £2,864 per sq meter (£266 per sq foot).
The average size of a house on BAKER STREET is 76 sq meters (825 sq feet).