£555,291
This estimated value is based upon the latest sale price for the house of £310,000 on 28 Nov 2008. This value is then adjusted by the current Official House Price Index for LUTON 1
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110 Butterfield, Luton, LU2 8DL
Phone: 01582936274
| Price Paid | Date |
|---|---|
| £310,000 | 28 Nov 2008 |
| Detached |
| Freehold |
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 2008 the House Price Index for LUTON was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £310,000 results in an estimated price of approximately £555,291.
| 28 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.126 % | £310,000 | £245,291 | £555,291 |
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 | 69.626 % | £215,841 | £525,841 |
| 3 Month Average | 58.519 % | £181,408 | £491,408 |
| 6 Month Average | 64.954 % | £201,357 | £511,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £388,720 | £383,750 | 53 EDGEWOOD DRIVE |
| 30 Aug 2023 | £373,265 | £370,000 | 105 EDGEWOOD DRIVE |
| 21 Jul 2023 | £471,344 | £465,000 | 34 EDGEWOOD DRIVE |
| 30 Jun 2023 | £427,681 | £422,500 | 10 WREN CLOSE |
| 31 Mar 2023 | £302,853 | £300,000 | 69 EDGEWOOD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Lambert Close | |
| Dec 2023 | Anti-social behaviour | On or near Lambert Close | |
| Dec 2023 | Anti-social behaviour | On or near Lambert Close | |
| Dec 2023 | Anti-social behaviour | On or near Lambert Close | |
| Mar 2024 | Anti-social behaviour | On or near Offley Bypass |