£347,196
This estimated value is based upon the latest sale price for the house of £350,000 on 29 Sep 2022. 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 |
|---|---|
| £350,000 | 29 Sep 2022 |
| Semi-Detached |
| Freehold |
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 September 2022 the House Price Index for LUTON was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £350,000 results in an estimated price of approximately £347,196.
| 29 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £350,000 | £-2,803 | £347,196 |
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 | -17.153 % | £-60,035 | £289,964 |
| 3 Month Average | -19.188 % | £-67,158 | £282,841 |
| 6 Month Average | -10.092 % | £-35,321 | £314,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £406,929 | £402,000 | 34 DURHAM ROAD |
| 25 Apr 2023 | £310,847 | £307,500 | 76 DURHAM ROAD |
| 5 Apr 2023 | £383,125 | £379,000 | 10 NORFOLK ROAD |
| 3 Mar 2023 | £373,519 | £370,000 | 39 DURHAM ROAD |
| 16 Nov 2022 | £345,811 | £350,000 | 35 SILECROFT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Silecroft Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silecroft Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silecroft Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Durham Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Durham Road |