£282,465
This estimated value is based upon the latest sale price for the house of £71,995 on 7 Feb 2000. This value is then adjusted by the current Official House Price Index for LUTON 1
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Foxbury Close, Luton, LU2 7BQ
Phone: 02030071264
Price Paid | Date |
---|---|
£71,995 | 7 Feb 2000 |
£53,500 | 21 Mar 1997 |
£55,950 | 19 Feb 1996 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 2000 the House Price Index for LUTON was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £71,995 results in an estimated price of approximately £282,465.
7 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.9 | 148.6 | 292.341 % | £71,995 | £210,470 | £282,465 |
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 | 272.426 % | £196,132 | £268,127 |
3 Month Average | 323.261 % | £232,731 | £304,726 |
6 Month Average | 321.242 % | £231,278 | £303,273 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £273,392 | £271,000 | 10 THE BELFRY |
23 Jan 2023 | £308,547 | £310,000 | 51 LORIMER CLOSE |
23 Sep 2022 | £332,316 | £335,000 | 44 LORIMER CLOSE |
1 Mar 2022 | £321,241 | £310,000 | 35 LORIMER CLOSE |
28 Feb 2022 | £285,245 | £272,000 | 24 THE BELFRY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Feb 2012. Using an estimated price of £282,466 means this house is valued at £4,952 per sq meter (£460 per sq foot).
The average size of a house on LORIMER CLOSE is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lorimer Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lorimer Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorimer Close |