£296,783
This estimated value is based upon the latest sale price for the house of £183,500 on 1 Mar 2007. This value is then adjusted by the current Official House Price Index for LUTON 1
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593 Hitchin Road, Stopsley, Luton, LU2 7UN
Phone: 01582955773
Price Paid | Date |
---|---|
£183,500 | 1 Mar 2007 |
Semi-Detached |
Freehold |
Floor Area: 117 sq meters or 1,259 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 March 2007 the House Price Index for LUTON was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £183,500 results in an estimated price of approximately £296,783.
1 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £183,500 | £113,283 | £296,783 |
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 | 73.082 % | £134,105 | £317,605 |
3 Month Average | 53.806 % | £98,734 | £282,234 |
6 Month Average | 72.105 % | £132,312 | £315,812 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £358,777 | £352,500 | 76 LANGFORD DRIVE |
20 Sep 2023 | £340,352 | £336,000 | 81 LANGFORD DRIVE |
24 Feb 2023 | £327,280 | £327,500 | 73 LANGFORD DRIVE |
26 Aug 2022 | £353,050 | £354,000 | 47 LANGFORD DRIVE |
26 Jan 2022 | £309,408 | £294,000 | 105 STOPSLEY WAY |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 1 Feb 2014. Using an estimated price of £296,784 means this house is valued at £2,536 per sq meter (£235 per sq foot).
The average size of a house on FORREST CRESCENT is 103 sq meters (1,113 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Stopsley Way |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Shelton Way |
Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Arnold Close |
Jan 2024 | Anti-social behaviour | On or near Arnold Close |