£229,815
This estimated value is based upon the latest sale price for the house of £125,000 on 11 Jul 2005. 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 |
---|---|
£125,000 | 11 Jul 2005 |
£59,950 | 15 May 1995 |
Semi-Detached |
Freehold |
Floor Area: 39 sq meters or 422 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 July 2005 the House Price Index for LUTON was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £125,000 results in an estimated price of approximately £229,815.
11 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 83.853 % | £125,000 | £104,815 | £229,815 |
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 | 148.044 % | £185,055 | £310,055 |
3 Month Average | 48.762 % | £60,952 | £185,952 |
6 Month Average | 59.829 % | £74,786 | £199,786 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £199,416 | £197,000 | 58 PRINCESS STREET |
6 Jun 2023 | £365,426 | £361,000 | 26 BUXTON ROAD |
3 Mar 2023 | £219,064 | £217,000 | 56 BUXTON ROAD |
30 Nov 2022 | £160,555 | £162,500 | 42B BUXTON ROAD |
6 Oct 2022 | £170,445 | £172,280 | FLAT 11 PRINCESS LODGE, 39 - 45 PRINCESS STREET |
This house has a floor area of 39 sq meters or 422 sq feet when measured on 7 Nov 2011. Using an estimated price of £229,816 means this house is valued at £5,855 per sq meter (£543 per sq foot).
The average size of a house on ADELAIDE STREET is 69 sq meters (743 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (422 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Buxton Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buxton Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Buxton Road |