£250,786
This estimated value is based upon the latest sale price for the house of £142,500 on 1 Oct 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 |
|---|---|
| £142,500 | 1 Oct 2009 |
| £52,000 | 14 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 892 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 October 2009 the House Price Index for LUTON was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £142,500 results in an estimated price of approximately £250,786.
| 1 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £142,500 | £108,286 | £250,786 |
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 | 81.136 % | £115,618 | £258,118 |
| 3 Month Average | 59.110 % | £84,231 | £226,731 |
| 6 Month Average | 80.369 % | £114,526 | £257,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £294,577 | £292,000 | 57 ROWELFIELD |
| 28 Jul 2023 | £425,730 | £420,000 | 7 MAULDEN CLOSE |
| 30 Jun 2023 | £344,169 | £340,000 | 79 ROWELFIELD |
| 1 Feb 2023 | £279,812 | £280,000 | 61 ROWELFIELD |
| 4 Mar 2022 | £301,552 | £291,000 | 73 ROWELFIELD |
This house has a floor area of 82 sq meters or 892 sq feet when measured on 16 Jul 2009. Using an estimated price of £250,786 means this house is valued at £3,025 per sq meter (£281 per sq foot).
The average size of a house on ROWELFIELD is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hornsby Close |
| Mar 2024 | Anti-social behaviour | On or near Hornsby Close | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hornsby Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maulden Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lyneham Road |