£229,552
This estimated value is based upon the latest sale price for the house of £215,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £215,000 | 19 Nov 2021 |
| £29,000 | 1 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 November 2021 the House Price Index for LUTON was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £215,000 results in an estimated price of approximately £229,552.
| 19 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 146.7 | 6.769 % | £215,000 | £14,552 | £229,552 |
The Postcode Pricing Model uses changes in average sales price within the LU1 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 | 26.091 % | £56,096 | £271,096 |
| 3 Month Average | -2.990 % | £-6,428 | £208,571 |
| 6 Month Average | -12.761 % | £-27,435 | £187,564 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 7 Jun 2021.
The average size of a house on ADELAIDE STREET is 69 sq meters (743 sq feet).
This house is the largest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cardiff Road | |
| Feb 2024 | Anti-social behaviour | On or near Cardiff Road | |
| Feb 2024 | Anti-social behaviour | On or near Cardiff Road | |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Cardiff Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cardiff Road |