£254,322
This estimated value is based upon the latest sale price for the house of £144,000 on 24 Mar 2006. 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 |
|---|---|
| £144,000 | 24 Mar 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 943 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 2006 the House Price Index for LUTON was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £144,000 results in an estimated price of approximately £254,322.
| 24 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £144,000 | £110,322 | £254,322 |
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 | 124.880 % | £179,826 | £323,826 |
| 3 Month Average | 46.042 % | £66,300 | £210,300 |
| 6 Month Average | 52.378 % | £75,424 | £219,424 |
| 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 |
| 20 Feb 2023 | £339,771 | £340,000 | 220 CUTENHOE ROAD |
| 20 Jan 2023 | £373,242 | £375,000 | 309 PARK STREET |
| 30 May 2022 | £356,722 | £350,000 | 319 PARK STREET |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 6 Mar 2010. Using an estimated price of £254,323 means this house is valued at £2,901 per sq meter (£269 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 | Criminal damage and arson | Under investigation | On or near Alton Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Road |
| Feb 2024 | Anti-social behaviour | 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 |