£290,956
This estimated value is based upon the latest sale price for the house of £173,500 on 22 Nov 2006. 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 |
|---|---|
| £173,500 | 22 Nov 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2006 the House Price Index for LUTON was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £173,500 results in an estimated price of approximately £290,956.
| 22 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £173,500 | £117,456 | £290,956 |
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 | 75.221 % | £130,508 | £304,008 |
| 3 Month Average | 57.323 % | £99,455 | £272,955 |
| 6 Month Average | 74.101 % | £128,565 | £302,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £355,260 | £350,000 | 119 WALCOT AVENUE |
| 7 Jul 2023 | £253,411 | £250,000 | 68 SAYWELL ROAD |
| 16 Feb 2023 | £344,768 | £345,000 | 26 SAYWELL ROAD |
| 27 Jan 2023 | £263,758 | £265,000 | 62 SAYWELL ROAD |
| 12 Aug 2022 | £314,154 | £315,000 | 28 SAYWELL ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 21 Aug 2013. Using an estimated price of £290,956 means this house is valued at £4,041 per sq meter (£375 per sq foot).
The average size of a house on WALCOT AVENUE is 94 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Saywell Road | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Saywell Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Saywell Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Somerset Avenue |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hartsfield Road |