£150,856
This estimated value is based upon the latest sale price for the house of £120,000 on 6 Dec 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £120,000 | 6 Dec 2017 |
| £90,000 | 2 Jul 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 December 2017 the House Price Index for LUTON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £120,000 results in an estimated price of approximately £150,856.
| 6 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £120,000 | £30,856 | £150,856 |
The Postcode Pricing Model uses changes in average sales price within the LU1 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 | 98.782 % | £118,538 | £238,538 |
| 3 Month Average | -13.553 % | £-16,263 | £103,736 |
| 6 Month Average | -10.933 % | £-13,119 | £106,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £304,093 | £300,000 | EBENEZER STRICT BAPTIST CHAPEL HASTINGS STREET |
| 5 Apr 2023 | £267,884 | £265,000 | 111 WELLINGTON STREET |
| 1 Aug 2022 | £113,694 | £114,000 | 77 HASTINGS STREET |
| 17 Jun 2022 | £223,154 | £220,000 | 47 DUMFRIES STREET |
| 13 May 2022 | £131,732 | £129,250 | APARTMENT 8 REGENTS PLACE, 11 HASTINGS STREET |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 10 Jul 2013. Using an estimated price of £150,857 means this house is valued at £4,714 per sq meter (£437 per sq foot).
The average size of a house on DUMFRIES STREET is 60 sq meters (653 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Hastings Street | |
| Jan 2024 | Anti-social behaviour | On or near Hastings Street | |
| Jan 2024 | Anti-social behaviour | On or near Hastings Street | |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Dumfries Street |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Dumfries Street |