£221,892
This estimated value is based upon the latest sale price for the house of £142,500 on 28 Apr 2014. 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 |
---|---|
£142,500 | 28 Apr 2014 |
£146,000 | 25 Sep 2006 |
£52,000 | 19 Apr 1999 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 802 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 April 2014 the House Price Index for LUTON was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £142,500 results in an estimated price of approximately £221,892.
28 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £142,500 | £79,392 | £221,892 |
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 | 57.683 % | £82,198 | £224,698 |
3 Month Average | 44.865 % | £63,932 | £206,432 |
6 Month Average | 60.471 % | £86,171 | £228,671 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £208,651 | £205,000 | 105 DEVON ROAD |
12 Apr 2023 | £281,026 | £278,000 | 15 BUCHANAN DRIVE |
24 Feb 2023 | £321,783 | £322,000 | 49 BUCHANAN DRIVE |
21 Feb 2023 | £249,832 | £250,000 | 51 BUCHANAN DRIVE |
31 Oct 2022 | £289,879 | £293,000 | 52 BUCHANAN DRIVE |
This house has a floor area of 74 sq meters or 802 sq feet when measured on 19 Aug 2010. Using an estimated price of £221,892 means this house is valued at £2,977 per sq meter (£276 per sq foot).
The average size of a house on BUCHANAN DRIVE is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buchanan Drive |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Buchanan Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Eaton Valley Road |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Gayland Avenue |