£136,036
This estimated value is based upon the latest sale price for the house of £55,000 on 7 Jan 2003. This value is then adjusted by the current Official House Price Index for LUTON 1
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Jansel House Parade, 656 Hitchin Road, Stopsley, Luton, LU2 7XH
Phone: 01582879107
| Price Paid | Date |
|---|---|
| £55,000 | 7 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 January 2003 the House Price Index for LUTON was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £55,000 results in an estimated price of approximately £136,036.
| 7 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 148.6 | 147.338 % | £55,000 | £81,036 | £136,036 |
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 | 127.678 % | £70,222 | £125,222 |
| 3 Month Average | 104.591 % | £57,525 | £112,525 |
| 6 Month Average | 139.165 % | £76,540 | £131,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £193,384 | £190,000 | 250 WIGMORE LANE |
| 31 Jul 2023 | £269,122 | £265,500 | 18 KEEPERS CLOSE |
| 16 Nov 2022 | £268,745 | £272,000 | 16 SOMERIES HILL |
| 4 Mar 2022 | £341,967 | £330,000 | 3 KEEPERS CLOSE |
| 12 Jan 2022 | £284,150 | £270,000 | 55 MANGROVE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 6 Feb 2020. Using an estimated price of £136,036 means this house is valued at £1,600 per sq meter (£148 per sq foot).
The average size of a house on KEEPERS CLOSE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Local resolution | On or near Keepers Close |
| Mar 2024 | Other theft | Under investigation | On or near Styles Close |
| Jan 2024 | Anti-social behaviour | On or near Styles Close | |
| Jan 2024 | Anti-social behaviour | On or near Styles Close | |
| Jan 2024 | Anti-social behaviour | On or near Styles Close |