£353,049
This estimated value is based upon the latest sale price for the house of £354,000 on 26 Aug 2022. 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 |
|---|---|
| £354,000 | 26 Aug 2022 |
| £165,000 | 4 Mar 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 August 2022 the House Price Index for LUTON was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £354,000 results in an estimated price of approximately £353,049.
| 26 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £354,000 | £-950 | £353,049 |
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 | 3.015 % | £10,673 | £364,673 |
| 3 Month Average | -24.376 % | £-86,290 | £267,709 |
| 6 Month Average | -9.384 % | £-33,217 | £320,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £354,533 | £350,000 | 2A STRONNELL CLOSE |
| 21 Jul 2023 | £344,638 | £340,000 | 43 LANGFORD DRIVE |
| 27 Apr 2023 | £555,986 | £550,000 | 8 STEPHENS CLOSE |
| 3 Feb 2023 | £269,818 | £270,000 | 28 KYNANCE CLOSE |
| 26 Aug 2022 | £353,050 | £354,000 | 47 LANGFORD DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 1 Sep 2021. Using an estimated price of £353,050 means this house is valued at £4,413 per sq meter (£409 per sq foot).
The average size of a house on LANGFORD DRIVE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arnold Close |
| Jan 2024 | Anti-social behaviour | On or near Arnold Close | |
| Jan 2024 | Anti-social behaviour | On or near Arnold Close | |
| Jan 2024 | Anti-social behaviour | On or near Arnold Close | |
| Feb 2024 | Anti-social behaviour | On or near Stephens Close |