£276,690
This estimated value is based upon the latest sale price for the house of £210,000 on 30 Nov 2016. 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 |
|---|---|
| £210,000 | 30 Nov 2016 |
| £125,000 | 9 May 2014 |
| £131,000 | 3 Nov 2006 |
| £40,870 | 21 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2016 the House Price Index for LUTON was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £210,000 results in an estimated price of approximately £276,690.
| 30 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £210,000 | £66,690 | £276,690 |
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 | 19.787 % | £41,553 | £251,553 |
| 3 Month Average | 7.574 % | £15,905 | £225,905 |
| 6 Month Average | 18.570 % | £38,996 | £248,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £284,059 | £281,000 | 70 BROOMS ROAD |
| 11 Nov 2022 | £291,469 | £295,000 | 19 WHITECROFT ROAD |
| 24 Aug 2022 | £296,203 | £297,000 | 63 HART LANE |
| 29 Jul 2022 | £250,675 | £250,000 | 31 DERWENT ROAD |
| 24 Mar 2022 | £259,066 | £250,000 | 35 DERWENT ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 15 Aug 2014. Using an estimated price of £276,691 means this house is valued at £4,391 per sq meter (£408 per sq foot).
The average size of a house on BROOMS ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Derwent Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Derwent Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Road |