£190,513
This estimated value is based upon the latest sale price for the house of £150,000 on 18 Aug 2017. 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 Verde Close
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £150,000 | 18 Aug 2017 |
| £118,500 | 29 Jan 2010 |
| £32,500 | 17 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 576 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 2017 the House Price Index for LUTON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £150,000 results in an estimated price of approximately £190,513.
| 18 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £150,000 | £40,513 | £190,513 |
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 | 7.751 % | £11,626 | £161,626 |
| 3 Month Average | -3.244 % | £-4,865 | £145,134 |
| 6 Month Average | 12.188 % | £18,282 | £168,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £126,533 | £125,000 | 96 SUNNINGDALE |
| 30 Mar 2023 | £436,109 | £432,000 | 18 ST MARTINS AVENUE |
| 20 Mar 2023 | £360,395 | £357,000 | 24 VERDE CLOSE |
| 28 Nov 2022 | £146,723 | £148,500 | 46 BIRCHEN GROVE |
| 19 Oct 2022 | £196,732 | £198,850 | 50 BIRCHEN GROVE |
This house has a floor area of 53 sq meters or 576 sq feet when measured on 23 Jul 2009. Using an estimated price of £190,513 means this house is valued at £3,554 per sq meter (£330 per sq foot).
The average size of a house on BIRCHEN GROVE is 51 sq meters (551 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Verde Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Verde Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fair Oak Drive |
| Mar 2024 | Anti-social behaviour | On or near Fair Oak Drive | |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Fair Oak Drive |