£337,027
This estimated value is based upon the latest sale price for the house of £270,000 on 27 Apr 2018. 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 |
|---|---|
| £270,000 | 27 Apr 2018 |
| £162,000 | 16 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 April 2018 the House Price Index for LUTON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £270,000 results in an estimated price of approximately £337,027.
| 27 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £270,000 | £67,027 | £337,027 |
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 | 6.035 % | £16,294 | £286,294 |
| 3 Month Average | -5.781 % | £-15,608 | £254,391 |
| 6 Month Average | 7.852 % | £21,201 | £291,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £355,260 | £350,000 | 119 WALCOT AVENUE |
| 7 Jul 2023 | £253,411 | £250,000 | 68 SAYWELL ROAD |
| 16 Feb 2023 | £344,768 | £345,000 | 26 SAYWELL ROAD |
| 27 Jan 2023 | £263,758 | £265,000 | 62 SAYWELL ROAD |
| 12 Aug 2022 | £314,154 | £315,000 | 28 SAYWELL ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Oct 2017. Using an estimated price of £337,028 means this house is valued at £3,786 per sq meter (£351 per sq foot).
The average size of a house on SAYWELL ROAD is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Saywell Road | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Saywell Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Saywell Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hartsfield Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Somerset Avenue |