£246,461
This estimated value is based upon the latest sale price for the house of £200,000 on 25 Oct 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
| Price Paid | Date |
|---|---|
| £200,000 | 25 Oct 2018 |
| £100,000 | 19 Dec 2008 |
| £32,500 | 18 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 2018 the House Price Index for LUTON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £200,000 results in an estimated price of approximately £246,461.
| 25 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £200,000 | £46,461 | £246,461 |
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 | 43.775 % | £87,550 | £287,550 |
| 3 Month Average | -13.447 % | £-26,893 | £173,106 |
| 6 Month Average | -8.543 % | £-17,085 | £182,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £180,305 | £178,000 | 48 KINGSLAND ROAD |
| 29 Jul 2022 | £268,723 | £268,000 | 47 STRATHMORE AVENUE |
| 15 Mar 2022 | £186,527 | £180,000 | 93 ESSEX CLOSE |
| 4 Mar 2022 | £278,755 | £269,000 | 53 STRATHMORE AVENUE |
| 6 Aug 2021 | £236,511 | £212,000 | 2 CAMBRIDGE STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Aug 2018. Using an estimated price of £246,462 means this house is valued at £3,330 per sq meter (£309 per sq foot).
The average size of a house on KINGSLAND ROAD is 74 sq meters (803 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Kingsland Road | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kingsland Road |
| Mar 2024 | Public order | Under investigation | On or near Kingsland Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingsland Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingsland Road |