£143,541
This estimated value is based upon the latest sale price for the house of £74,500 on 10 Aug 2004. This value is then adjusted by the current Official House Price Index for LUTON 1
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
| Price Paid | Date |
|---|---|
| £74,500 | 10 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 August 2004 the House Price Index for LUTON was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £74,500 results in an estimated price of approximately £143,541.
| 10 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £74,500 | £69,041 | £143,541 |
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 | -9.147 % | £-6,814 | £67,685 |
| 3 Month Average | 44.674 % | £33,282 | £107,782 |
| 6 Month Average | 47.778 % | £35,594 | £110,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £54,984 | £54,170 | UNIT 260 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
| 6 Oct 2022 | £34,627 | £35,000 | UNIT 390 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
| 1 Aug 2022 | £113,694 | £114,000 | 77 HASTINGS STREET |
| 21 Jan 2022 | £125,237 | £119,000 | 79 HASTINGS STREET |
| 8 Nov 2021 | £112,477 | £104,000 | 12 WINDSOR COURT WINDSOR STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 12 Mar 2014. Using an estimated price of £143,541 means this house is valued at £2,990 per sq meter (£277 per sq foot).
The average size of a house on ELIZABETH STREET is 68 sq meters (738 sq feet).