£304,597
This estimated value is based upon the latest sale price for the house of £235,000 on 3 Mar 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
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Jansel House Parade, 656 Hitchin Road, Stopsley, Luton, LU2 7XH
Phone: 01582879107
| Price Paid | Date |
|---|---|
| £235,000 | 3 Mar 2017 |
| £142,000 | 1 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2017 the House Price Index for LUTON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £235,000 results in an estimated price of approximately £304,597.
| 3 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £235,000 | £69,597 | £304,597 |
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 | 14.596 % | £34,300 | £269,300 |
| 3 Month Average | 3.714 % | £8,728 | £243,728 |
| 6 Month Average | 14.809 % | £34,801 | £269,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £314,015 | £310,000 | 9 LONG CLOSE |
| 14 Nov 2022 | £286,529 | £290,000 | 16 MANGROVE ROAD |
| 27 Oct 2022 | £277,017 | £280,000 | 70 HALLWICKS ROAD |
| 28 Apr 2022 | £314,089 | £305,000 | 38 HALLWICKS ROAD |
| 14 Apr 2022 | £308,940 | £300,000 | 16 GARRETTS MEAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Sep 2016. Using an estimated price of £304,597 means this house is valued at £4,546 per sq meter (£422 per sq foot).
The average size of a house on LONG CLOSE is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Close |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Long Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Close |
| Mar 2024 | Burglary | Under investigation | On or near Garretts Mead |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mangrove Road |