£156,290
This estimated value is based upon the latest sale price for the house of £90,000 on 13 Jun 2006. This value is then adjusted by the current Official House Price Index for LUTON 1
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50 Wellington Street, Luton, LU1 2QH
Phone: 01582936753
| Price Paid | Date |
|---|---|
| £90,000 | 13 Jun 2006 |
| £65,995 | 19 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 2006 the House Price Index for LUTON was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £90,000 results in an estimated price of approximately £156,290.
| 13 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £90,000 | £66,290 | £156,290 |
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 | 139.147 % | £125,232 | £215,232 |
| 3 Month Average | 42.417 % | £38,175 | £128,175 |
| 6 Month Average | 50.208 % | £45,187 | £135,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £621,694 | £615,000 | 23 DUNSTABLE PLACE |
| 28 Mar 2023 | £101 | £100 | 5 GORDON STREET |
| 20 Jan 2023 | £84,601 | £85,000 | FLAT 5 12 GORDON STREET |
| 17 Aug 2022 | £79,785 | £80,000 | FLAT 1 12 GORDON STREET |
| 13 Jan 2022 | £841,926 | £800,000 | 26A HASTINGS STREET |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 11 Dec 2018. Using an estimated price of £156,290 means this house is valued at £4,007 per sq meter (£372 per sq foot).
The average size of a house on WELLINGTON STREET is 59 sq meters (640 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Peel Street | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peel Street |
| Mar 2024 | Anti-social behaviour | On or near Peel Street | |
| Mar 2024 | Anti-social behaviour | On or near Peel Street | |
| Mar 2024 | Theft from the person | Under investigation | On or near Peel Street |