£318,955
This estimated value is based upon the latest sale price for the house of £201,000 on 24 Apr 2008. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Richmond Hill
More crime details
Get our free house price tracker.
386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
Price Paid | Date |
---|---|
£201,000 | 24 Apr 2008 |
£155,000 | 11 Nov 2005 |
£54,000 | 8 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 943 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 April 2008 the House Price Index for LUTON was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £201,000 results in an estimated price of approximately £318,955.
24 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 148.6 | 58.684 % | £201,000 | £117,955 | £318,955 |
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 | 66.070 % | £132,799 | £333,799 |
3 Month Average | 47.014 % | £94,498 | £295,498 |
6 Month Average | 63.694 % | £128,024 | £329,024 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £268,982 | £265,000 | 23 DOREL CLOSE |
28 Mar 2023 | £277,615 | £275,000 | 8 DOREL CLOSE |
17 Mar 2023 | £264,492 | £262,000 | 28 DOREL CLOSE |
27 Jan 2023 | £109,484 | £110,000 | 12 ASTRA COURT COLIN ROAD |
26 Jan 2023 | £161,738 | £162,500 | 49B RICHMOND HILL |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 26 Mar 2012. Using an estimated price of £318,955 means this house is valued at £3,639 per sq meter (£338 per sq foot).
The average size of a house on RICHMOND HILL is 81 sq meters (872 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Hill |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Sunridge Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunridge Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunridge Avenue |
Dec 2023 | Other theft | Unable to prosecute suspect | On or near Sunridge Avenue |