£224,294
This estimated value is based upon the latest sale price for the house of £145,000 on 29 Feb 2008. This value is then adjusted by the current Official House Price Index for LUTON 1
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6-14 Mill Street, Luton, LU1 2NA
Phone: 01582936910
Price Paid | Date |
---|---|
£145,000 | 29 Feb 2008 |
Terraced |
Freehold |
Floor Area: 47 sq meters or 505 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 February 2008 the House Price Index for LUTON was 94.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.686%.Applying this 54.686% change to the original purchase price of £145,000 results in an estimated price of approximately £224,294.
29 Feb 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 146.7 | 54.686 % | £145,000 | £79,294 | £224,294 |
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 | 111.137 % | £161,148 | £306,148 |
3 Month Average | 24.101 % | £34,946 | £179,946 |
6 Month Average | 33.611 % | £48,735 | £193,735 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 17 Oct 2017.
The average size of a house on MILL STREET is 53 sq meters (580 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Mill Street |
Mar 2024 | Possession of weapons | Under investigation | On or near Mill Street |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Mill Street |
Mar 2024 | Drugs | Unable to prosecute suspect | On or near Mill Street |
Mar 2024 | Anti-social behaviour | On or near Mill Street |