£304,346
This estimated value is based upon the latest sale price for the house of £297,500 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for LUTON 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
Price Paid | Date |
---|---|
£297,500 | 31 Mar 2022 |
£210,000 | 5 Mar 2019 |
£202,000 | 2 Dec 2014 |
£125,000 | 6 Oct 2009 |
£105,995 | 29 Jul 2002 |
£50,000 | 16 Oct 1997 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 March 2022 the House Price Index for LUTON was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £297,500 results in an estimated price of approximately £304,346.
31 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 146.7 | 2.301 % | £297,500 | £6,846 | £304,346 |
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 | 1.997 % | £5,941 | £303,441 |
3 Month Average | -7.921 % | £-23,563 | £273,936 |
6 Month Average | -1.029 % | £-3,062 | £294,437 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 1 Jul 2021.
The average size of a house on POLZEATH CLOSE is 88 sq meters (949 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Polzeath Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Polzeath Close |
Dec 2023 | Public order | Under investigation | On or near Polzeath Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Polzeath Close |
Dec 2023 | Public order | Under investigation | On or near Polzeath Close |