£286,639
This estimated value is based upon the latest sale price for the house of £233,500 on 3 Apr 2020. 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 |
|---|---|
| £233,500 | 3 Apr 2020 |
| £128,000 | 12 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 April 2020 the House Price Index for LUTON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £233,500 results in an estimated price of approximately £286,639.
| 3 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £233,500 | £53,139 | £286,639 |
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 | 0.964 % | £2,251 | £235,751 |
| 3 Month Average | -7.721 % | £-18,027 | £215,472 |
| 6 Month Average | 9.712 % | £22,677 | £256,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £213,740 | £210,000 | 52 BRENDON AVENUE |
| 3 Nov 2023 | £334,959 | £330,000 | 78 HOLLYBUSH ROAD |
| 29 Sep 2023 | £329,209 | £325,000 | 97 BRENDON AVENUE |
| 22 Sep 2023 | £346,429 | £342,000 | 26 PORLOCK DRIVE |
| 31 Jul 2023 | £126,705 | £125,000 | 28 BRENDON AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 28 Aug 2019. Using an estimated price of £286,640 means this house is valued at £3,821 per sq meter (£355 per sq foot).
The average size of a house on PORLOCK DRIVE is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porlock Drive |
| Feb 2024 | Drugs | Local resolution | On or near Porlock Drive |
| Jan 2024 | Other crime | Under investigation | On or near Porlock Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollybush Road |
| Mar 2024 | Drugs | Local resolution | On or near Hollybush Road |