£233,292
This estimated value is based upon the latest sale price for the house of £136,000 on 31 Jan 2011. This value is then adjusted by the current Official House Price Index for LUTON 1
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Kingham House, 1 Kingham Way, Luton, LU2 7RG
Phone: 01582955871
| Price Paid | Date |
|---|---|
| £136,000 | 31 Jan 2011 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2011 the House Price Index for LUTON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £136,000 results in an estimated price of approximately £233,292.
| 31 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £136,000 | £97,292 | £233,292 |
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 | 75.278 % | £102,377 | £238,377 |
| 3 Month Average | 51.999 % | £70,718 | £206,718 |
| 6 Month Average | 76.674 % | £104,277 | £240,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £203,562 | £200,000 | 16 FREDERICK STREET |
| 8 Sep 2023 | £268,432 | £265,000 | 33 FREDERICK STREET |
| 7 Jul 2023 | £208,810 | £206,000 | FLAT 2 4A WILLIAM STREET |
| 16 Jun 2023 | £308,740 | £305,000 | 57 FREDERICK STREET |
| 9 Jun 2023 | £172,084 | £170,000 | 22 FREDERICK STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 Sep 2013. Using an estimated price of £233,293 means this house is valued at £2,880 per sq meter (£267 per sq foot).
The average size of a house on ELGAR PATH is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Local resolution | On or near Mussons Path |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Mussons Path |
| Mar 2024 | Anti-social behaviour | On or near Frederick Street | |
| Feb 2024 | Possession of weapons | Formal action is not in the public interest | On or near Frederick Street |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Frederick Street |