£348,355
This estimated value is based upon the latest sale price for the house of £265,000 on 7 Jul 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
Price Paid | Date |
---|---|
£265,000 | 7 Jul 2016 |
Terraced |
Freehold |
Floor Area: 134 sq meters or 1,442 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 July 2016 the House Price Index for LUTON was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £265,000 results in an estimated price of approximately £348,355.
7 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 146.7 | 31.455 % | £265,000 | £83,355 | £348,355 |
The Postcode Pricing Model uses changes in average sales price within the LU1 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 | 52.485 % | £139,085 | £404,085 |
3 Month Average | -10.103 % | £-26,771 | £238,228 |
6 Month Average | 7.044 % | £18,665 | £283,665 |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 25 Feb 2016.
The average size of a house on BUXTON ROAD is 69 sq meters (747 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,442 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Princess Street |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Princess Street |
Feb 2024 | Anti-social behaviour | On or near Princess Street | |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Princess Street |
Feb 2024 | Anti-social behaviour | On or near Princess Street |