£289,441
This estimated value is based upon the latest sale price for the house of £172,000 on 22 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 |
---|---|
£172,000 | 22 Aug 2008 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 £172,000 results in an estimated price of approximately £289,441.
22 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.3 | 148.6 | 68.280 % | £172,000 | £117,441 | £289,441 |
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 % | £107,441 | £279,441 |
3 Month Average | 41.288 % | £71,014 | £243,014 |
6 Month Average | 58.191 % | £100,088 | £272,088 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £348,755 | £345,000 | 236 CRAWLEY GREEN ROAD |
20 Feb 2023 | £289,805 | £290,000 | 238 CRAWLEY GREEN ROAD |
17 Feb 2023 | £159,892 | £160,000 | 181 DEVON ROAD |
17 Jan 2023 | £328,453 | £330,000 | 23 TAUNTON AVENUE |
30 Nov 2022 | £261,828 | £265,000 | 169 DEVON ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Dec 2016. Using an estimated price of £289,441 means this house is valued at £3,758 per sq meter (£349 per sq foot).
The average size of a house on DEVON ROAD is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Close |