£313,025
This estimated value is based upon the latest sale price for the house of £270,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
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593 Hitchin Road, Stopsley, Luton, LU2 7UN
Phone: 01582955773
Price Paid | Date |
---|---|
£270,000 | 20 Nov 2020 |
£158,500 | 2 Jun 2004 |
£50,000 | 27 Jan 1995 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 2020 the House Price Index for LUTON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £270,000 results in an estimated price of approximately £313,025.
20 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £270,000 | £43,025 | £313,025 |
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 | 7.409 % | £20,002 | £290,002 |
3 Month Average | -7.490 % | £-20,223 | £249,776 |
6 Month Average | 4.768 % | £12,873 | £282,873 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
9 Jun 2023 | £318,862 | £315,000 | 3 LYNWOOD AVENUE |
14 Apr 2023 | £334,603 | £331,000 | 35 LYNWOOD AVENUE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 26 Mar 2013. Using an estimated price of £313,025 means this house is valued at £5,305 per sq meter (£492 per sq foot).
The average size of a house on LYNWOOD AVENUE is 83 sq meters (903 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynwood Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynwood Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lynwood Avenue |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ryecroft Way |
Mar 2024 | Public order | Under investigation | On or near Woodfield Grove |