£257,164
This estimated value is based upon the latest sale price for the house of £76,000 on 17 May 2001. This value is then adjusted by the current Official House Price Index for LUTON 1
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37 Alma Street, Luton, LU1 2PL
Phone: 01582742041
Price Paid | Date |
---|---|
£76,000 | 17 May 2001 |
£40,000 | 10 Sep 1997 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 May 2001 the House Price Index for LUTON was 43.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 238.375%.Applying this 238.375% change to the original purchase price of £76,000 results in an estimated price of approximately £257,164.
17 May 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 146.7 | 238.375 % | £76,000 | £181,164 | £257,164 |
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 | 315.466 % | £239,753 | £315,753 |
3 Month Average | 170.812 % | £129,817 | £205,817 |
6 Month Average | 190.670 % | £144,908 | £220,908 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 23 Feb 2018.
The average size of a house on CARDIGAN STREET is 64 sq meters (698 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cardigan Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cardigan Street |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cardigan Street |
Mar 2024 | Drugs | Under investigation | On or near Liverpool Road |
Mar 2024 | Robbery | Awaiting court outcome | On or near Liverpool Road |