£357,357
This estimated value is based upon the latest sale price for the house of £290,000 on 29 Nov 2018. 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 |
|---|---|
| £290,000 | 29 Nov 2018 |
| £169,995 | 25 May 2006 |
| £119,995 | 6 Jun 2002 |
| £56,000 | 26 Jan 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 £290,000 results in an estimated price of approximately £357,357.
| 29 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £290,000 | £67,357 | £357,357 |
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 % | £15,555 | £305,555 |
| 3 Month Average | -2.741 % | £-7,948 | £282,051 |
| 6 Month Average | 5.048 % | £14,639 | £304,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jan 2023 | £386,181 | £388,000 | 39 COWRIDGE CRESCENT |
| 6 Jan 2023 | £338,406 | £340,000 | 47 LEYGREEN CLOSE |
| 12 Nov 2022 | £328,027 | £332,000 | 68 ABBEY DRIVE |
| 26 Aug 2022 | £249,329 | £250,000 | 167 CRAWLEY GREEN ROAD |
| 19 Nov 2021 | £313,639 | £290,000 | 36 COWRIDGE CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 7 Aug 2018. Using an estimated price of £357,357 means this house is valued at £4,254 per sq meter (£395 per sq foot).
The average size of a house on COWRIDGE CRESCENT is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowridge Crescent |
| Feb 2024 | Anti-social behaviour | On or near Leygreen Close | |
| Feb 2024 | Anti-social behaviour | On or near Leygreen Close | |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Leygreen Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Leygreen Close |