£139,978
This estimated value is based upon the latest sale price for the house of £138,000 on 10 Jun 2022. This value is then adjusted by the current Official House Price Index for LUTON 1
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37 Alma Street, Luton, LU1 2PL
Phone: 01582742041
| Price Paid | Date |
|---|---|
| £138,000 | 10 Jun 2022 |
| £91,000 | 12 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 June 2022 the House Price Index for LUTON was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £138,000 results in an estimated price of approximately £139,978.
| 10 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £138,000 | £1,978 | £139,978 |
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 | 59.336 % | £81,884 | £219,884 |
| 3 Month Average | -21.974 % | £-30,323 | £107,676 |
| 6 Month Average | -16.139 % | £-22,271 | £115,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £131,774 | £130,000 | FLAT 6 CHARLOTTES COURT, 33 CARDIGAN STREET |
| 19 Aug 2022 | £129,651 | £130,000 | FLAT 8 CHARLOTTES COURT, 33 CARDIGAN STREET |
| 15 Jun 2022 | £130,849 | £129,000 | FLAT 7 CHARLOTTES COURT, 33 CARDIGAN STREET |
| 10 Jun 2022 | £139,978 | £138,000 | 35 INKERMAN STREET |
| 6 Apr 2022 | £267,748 | £260,000 | 69 CARDIGAN STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 23 Dec 2019. Using an estimated price of £139,978 means this house is valued at £2,916 per sq meter (£270 per sq foot).
The average size of a house on INKERMAN STREET is 51 sq meters (552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cardigan Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cardigan Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cardigan Street |