£215,081
This estimated value is based upon the latest sale price for the house of £118,000 on 29 Jul 2009. 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 |
|---|---|
| £118,000 | 29 Jul 2009 |
| Terraced |
| Freehold |
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 July 2009 the House Price Index for LUTON was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £118,000 results in an estimated price of approximately £215,081.
| 29 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.273 % | £118,000 | £97,081 | £215,081 |
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 | 94.816 % | £111,882 | £229,882 |
| 3 Month Average | 66.450 % | £78,410 | £196,410 |
| 6 Month Average | 90.258 % | £106,504 | £224,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £238,000 | £238,000 | 43 TURNERS ROAD SOUTH |
| 14 Jun 2023 | £225,228 | £222,500 | 51 TURNERS ROAD SOUTH |
| 3 Feb 2023 | £149,899 | £150,000 | 20B TURNERS ROAD SOUTH |
| 25 Nov 2022 | £253,924 | £257,000 | 18 RAMRIDGE ROAD |
| 24 Jun 2022 | £355,017 | £350,000 | 474 HITCHIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Ramridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Ramridge Road | |
| Jan 2024 | Anti-social behaviour | On or near Ramridge Road | |
| Mar 2024 | Anti-social behaviour | On or near Turners Road South | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Turners Road South |