£317,585
This estimated value is based upon the latest sale price for the house of £296,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
Price Paid | Date |
---|---|
£296,000 | 18 Jun 2021 |
£83,000 | 25 Jun 1999 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £296,000 results in an estimated price of approximately £317,585.
18 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £296,000 | £21,585 | £317,585 |
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 % | £34,910 | £330,910 |
3 Month Average | -30.671 % | £-90,784 | £205,215 |
6 Month Average | -33.784 % | £-100,001 | £195,998 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £316,256 | £312,000 | 26 OSBORNE ROAD |
5 Jul 2023 | £304,093 | £300,000 | 16 OSBORNE ROAD |
23 Jan 2023 | £152,283 | £153,000 | FLAT 12 BRACHE COURT SEYMOUR ROAD |
30 May 2022 | £356,722 | £350,000 | 319 PARK STREET |
29 Apr 2022 | £373,817 | £363,000 | 57 ALTON ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 30 Jul 2019. Using an estimated price of £317,586 means this house is valued at £2,913 per sq meter (£270 per sq foot).
The average size of a house on PARK STREET is 77 sq meters (829 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Alton Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alton Road |
Feb 2024 | Anti-social behaviour | On or near Alton Road | |
Feb 2024 | Anti-social behaviour | On or near Alton Road |