£262,444
This estimated value is based upon the latest sale price for the house of £115,000 on 26 Sep 2003. 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 |
---|---|
£115,000 | 26 Sep 2003 |
£40,500 | 1 Nov 1999 |
£36,000 | 24 Apr 1998 |
Semi-Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 September 2003 the House Price Index for LUTON was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £115,000 results in an estimated price of approximately £262,444.
26 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
65.1 | 148.6 | 128.213 % | £115,000 | £147,444 | £262,444 |
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 | 107.113 % | £123,180 | £238,180 |
3 Month Average | 123.933 % | £142,522 | £257,522 |
6 Month Average | 119.089 % | £136,952 | £251,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £312,202 | £308,000 | 113 HARTSFIELD ROAD |
7 Jul 2023 | £253,411 | £250,000 | 68 SAYWELL ROAD |
29 Mar 2023 | £217,045 | £215,000 | 67 HARTSFIELD ROAD |
16 Feb 2023 | £344,768 | £345,000 | 26 SAYWELL ROAD |
27 Jan 2023 | £263,758 | £265,000 | 62 SAYWELL ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 30 May 2014. Using an estimated price of £262,445 means this house is valued at £2,116 per sq meter (£196 per sq foot).
The average size of a house on YEOVIL ROAD is 104 sq meters (1,126 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,334 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Radstock Close |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Radstock Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Radstock Close |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Yeovil Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yeovil Road |