£259,391
This estimated value is based upon the latest sale price for the house of £210,500 on 5 Nov 2018. 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 Somersby Close
More crime details
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
| Price Paid | Date |
|---|---|
| £210,500 | 5 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 November 2018 the House Price Index for LUTON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £210,500 results in an estimated price of approximately £259,391.
| 5 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £210,500 | £48,891 | £259,391 |
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 | 84.836 % | £178,579 | £389,079 |
| 3 Month Average | -5.278 % | £-11,110 | £199,389 |
| 6 Month Average | -7.799 % | £-16,417 | £194,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £290,075 | £285,000 | 14 ORMSBY CLOSE |
| 21 Sep 2023 | £197,526 | £195,000 | 32 SOMERSBY CLOSE |
| 17 Mar 2023 | £393,709 | £390,000 | 75 LONDON ROAD |
| 20 May 2022 | £189,572 | £186,000 | 31 SOMERSBY CLOSE |
| 5 May 2022 | £178,361 | £175,000 | 35 SOMERSBY CLOSE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 18 Aug 2013. Using an estimated price of £259,392 means this house is valued at £4,988 per sq meter (£463 per sq foot).
The average size of a house on ORMSBY CLOSE is 58 sq meters (631 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Somersby Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Somersby Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Somersby Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ormsby Close |
| Mar 2024 | Public order | Under investigation | On or near Ormsby Close |