£267,482
This estimated value is based upon the latest sale price for the house of £216,500 on 7 Jun 2019. 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 Talbot Road
More crime details
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £216,500 | 7 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 June 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £216,500 results in an estimated price of approximately £267,482.
| 7 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £216,500 | £50,982 | £267,482 |
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 | 16.847 % | £36,474 | £252,974 |
| 3 Month Average | 6.572 % | £14,227 | £230,727 |
| 6 Month Average | 12.776 % | £27,659 | £244,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £203,742 | £201,000 | 225 HITCHIN ROAD |
| 26 Jun 2023 | £293,556 | £290,000 | 251 HITCHIN ROAD |
| 17 Feb 2022 | £343,972 | £328,000 | 15 KENNETH ROAD |
| 21 Dec 2021 | £310,699 | £290,000 | 76 TALBOT ROAD |
| 13 Jul 2020 | £302,240 | £249,950 | 355 HITCHIN ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 28 Feb 2019. Using an estimated price of £267,483 means this house is valued at £2,523 per sq meter (£234 per sq foot).
The average size of a house on HITCHIN ROAD is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Talbot Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Talbot Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Preston Path |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kenneth Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kenneth Road |