£430,048
This estimated value is based upon the latest sale price for the house of £415,000 on 11 Mar 2022. 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 |
|---|---|
| £415,000 | 11 Mar 2022 |
| £245,000 | 2 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,085 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 2022 the House Price Index for LUTON was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £415,000 results in an estimated price of approximately £430,048.
| 11 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £415,000 | £15,048 | £430,048 |
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 | 1.997 % | £8,288 | £423,288 |
| 3 Month Average | -7.921 % | £-32,870 | £382,129 |
| 6 Month Average | -1.029 % | £-4,271 | £410,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £954,126 | £940,000 | 99 ASHCROFT ROAD |
| 4 Sep 2023 | £174,228 | £172,000 | FLAT 7 105 ASHCROFT ROAD |
| 25 Jul 2022 | £391,053 | £390,000 | 135 ASHCROFT ROAD |
| 16 Jun 2022 | £405,734 | £400,000 | 115 ASHCROFT ROAD |
| 11 Mar 2022 | £430,049 | £415,000 | 5 WALNUT CLOSE |
This house has a floor area of 100 sq meters or 1,085 sq feet when measured on 27 Apr 2011. Using an estimated price of £430,049 means this house is valued at £4,263 per sq meter (£396 per sq foot).
The average size of a house on WALNUT CLOSE is 127 sq meters (1,374 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Walnut Close |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dahlia Close |
| Feb 2024 | Other theft | Awaiting court outcome | On or near Dahlia Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Dahlia Close |