£474,416
This estimated value is based upon the latest sale price for the house of £384,995 on 23 Nov 2018. 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 Armstrong Road
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
| Price Paid | Date |
|---|---|
| £384,995 | 23 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2018 the House Price Index for LUTON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £384,995 results in an estimated price of approximately £474,416.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £384,995 | £89,421 | £474,416 |
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 | 5.364 % | £20,651 | £405,646 |
| 3 Month Average | -2.741 % | £-10,551 | £374,443 |
| 6 Month Average | 5.048 % | £19,435 | £404,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £221,276 | £218,000 | FLAT 32 GRIFFIN COURT STIRLING DRIVE |
| 17 Nov 2023 | £205,036 | £202,000 | 29 ARMSTRONG ROAD |
| 19 Apr 2023 | £190,552 | £188,500 | FLAT 1 WILSON COURT STIRLING DRIVE |
| 8 Feb 2023 | £272,816 | £273,000 | 25 ARMSTRONG ROAD |
| 10 Nov 2022 | £271,709 | £275,000 | FLAT 20 GRIFFIN COURT STIRLING DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 12 Nov 2018. Using an estimated price of £474,416 means this house is valued at £4,651 per sq meter (£432 per sq foot).
The average size of a house on ARMSTRONG ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Armstrong Road | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Armstrong Road |
| Mar 2024 | Anti-social behaviour | On or near Armstrong Road | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Armstrong Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Armstrong Road |