£276,884
This estimated value is based upon the latest sale price for the house of £162,000 on 23 Mar 2012. 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 |
---|---|
£162,000 | 23 Mar 2012 |
£48,000 | 10 Jul 1998 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 794 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 March 2012 the House Price Index for LUTON was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £162,000 results in an estimated price of approximately £276,884.
23 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 148.6 | 70.916 % | £162,000 | £114,884 | £276,884 |
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 | 69.767 % | £113,023 | £275,023 |
3 Month Average | 53.005 % | £85,868 | £247,868 |
6 Month Average | 67.630 % | £109,561 | £271,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £238,000 | £238,000 | 43 TURNERS ROAD SOUTH |
21 Sep 2023 | £243,108 | £240,000 | 31 TURNERS ROAD SOUTH |
14 Jun 2023 | £225,228 | £222,500 | 51 TURNERS ROAD SOUTH |
3 Feb 2023 | £149,899 | £150,000 | 20B TURNERS ROAD SOUTH |
25 Nov 2022 | £253,924 | £257,000 | 18 RAMRIDGE ROAD |
This house has a floor area of 73 sq meters or 794 sq feet when measured on 29 Sep 2011. Using an estimated price of £276,885 means this house is valued at £3,751 per sq meter (£348 per sq foot).
The average size of a house on TURNERS ROAD SOUTH is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Ramridge Road | |
Jan 2024 | Anti-social behaviour | On or near Ramridge Road | |
Jan 2024 | Anti-social behaviour | On or near Ramridge Road | |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |