£537,811
This estimated value is based upon the latest sale price for the house of £159,950 on 9 Jul 2001. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Ryecroft Way
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593 Hitchin Road, Stopsley, Luton, LU2 7UN
Phone: 01582955773
| Price Paid | Date |
|---|---|
| £159,950 | 9 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 July 2001 the House Price Index for LUTON was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £159,950 results in an estimated price of approximately £537,811.
| 9 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £159,950 | £377,861 | £537,811 |
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 | 243.330 % | £389,205 | £549,155 |
| 3 Month Average | 188.131 % | £300,915 | £460,865 |
| 6 Month Average | 229.456 % | £367,014 | £526,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £375,560 | £370,000 | 4 MIXES HILL ROAD |
| 9 Nov 2023 | £400,936 | £395,000 | 553 HITCHIN ROAD |
| 28 Sep 2023 | £325,157 | £321,000 | 10 LYNWOOD AVENUE |
| 22 Sep 2023 | £354,533 | £350,000 | 13 MIXES HILL ROAD |
| 3 Feb 2023 | £349,765 | £350,000 | 42 MIXES HILL ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 29 Sep 2015. Using an estimated price of £537,811 means this house is valued at £5,272 per sq meter (£489 per sq foot).
The average size of a house on RYECROFT WAY is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ryecroft Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mixes Hill Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Mixes Hill Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mixes Hill Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mixes Hill Road |