£218,763
This estimated value is based upon the latest sale price for the house of £130,000 on 1 Aug 2008. 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 |
|---|---|
| £130,000 | 1 Aug 2008 |
| £72,000 | 13 Jul 2001 |
| Semi-Detached |
| 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 August 2008 the House Price Index for LUTON was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £130,000 results in an estimated price of approximately £218,763.
| 1 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £130,000 | £88,763 | £218,763 |
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 | 62.466 % | £81,205 | £211,205 |
| 3 Month Average | 41.288 % | £53,674 | £183,674 |
| 6 Month Average | 58.191 % | £75,648 | £205,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £334,959 | £330,000 | 78 HOLLYBUSH ROAD |
| 8 Sep 2023 | £293,756 | £290,000 | 15 FERMOR CRESCENT |
| 8 Feb 2023 | £289,805 | £290,000 | 99 HOLLYBUSH ROAD |
| 28 Feb 2022 | £272,661 | £260,000 | 127 HOLLYBUSH ROAD |
| 24 Jan 2022 | £278,888 | £265,000 | 79 HOLLYBUSH ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 10 Mar 2020. Using an estimated price of £218,764 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on FERMOR CRESCENT is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fermor Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carteret Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carteret Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Carteret Road |
| Mar 2024 | Burglary | Under investigation | On or near High Ridge |