£451,470
This estimated value is based upon the latest sale price for the house of £365,000 on 31 Aug 2018. 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 |
|---|---|
| £365,000 | 31 Aug 2018 |
| £258,000 | 1 May 2015 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,245 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 2018 the House Price Index for LUTON was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £365,000 results in an estimated price of approximately £451,470.
| 31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £365,000 | £86,470 | £451,470 |
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 | 12.052 % | £43,991 | £408,991 |
| 3 Month Average | -4.799 % | £-17,514 | £347,485 |
| 6 Month Average | 5.851 % | £21,356 | £386,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £172,319 | £170,000 | 13 LEYGREEN CLOSE |
| 6 Jan 2023 | £338,406 | £340,000 | 47 LEYGREEN CLOSE |
| 26 Aug 2022 | £249,329 | £250,000 | 167 CRAWLEY GREEN ROAD |
| 10 Jan 2022 | £194,695 | £185,000 | 20 LEYGREEN CLOSE |
| 30 Sep 2021 | £296,338 | £275,000 | 30 LEYGREEN CLOSE |
This house has a floor area of 115 sq meters or 1,245 sq feet when measured on 24 Jul 2009. Using an estimated price of £451,470 means this house is valued at £3,902 per sq meter (£362 per sq foot).
The average size of a house on LEYGREEN CLOSE is 72 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Leygreen Close | |
| Feb 2024 | Anti-social behaviour | On or near Leygreen Close | |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Leygreen Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Leygreen Close |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Leygreen Close |