£236,202
This estimated value is based upon the latest sale price for the house of £223,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Russell Street
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
Price Paid | Date |
---|---|
£223,000 | 24 Jun 2021 |
£205,000 | 20 Feb 2017 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 June 2021 the House Price Index for LUTON was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £223,000 results in an estimated price of approximately £236,202.
24 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 146.7 | 5.921 % | £223,000 | £13,202 | £236,202 |
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 | 11.794 % | £26,300 | £249,300 |
3 Month Average | -30.671 % | £-68,395 | £154,604 |
6 Month Average | -33.784 % | £-75,338 | £147,661 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 21 Sep 2018.
The average size of a house on RUSSELL STREET is 68 sq meters (734 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Russell Street |
Mar 2024 | Anti-social behaviour | On or near Russell Street | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Russell Street |
Jan 2024 | Anti-social behaviour | On or near Russell Street | |
Jan 2024 | Anti-social behaviour | On or near Russell Street |