£289,141
This estimated value is based upon the latest sale price for the house of £118,000 on 28 Feb 2003. 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 Talbot Road
More crime details
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
Price Paid | Date |
---|---|
£118,000 | 28 Feb 2003 |
£42,500 | 7 Oct 1997 |
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 February 2003 the House Price Index for LUTON was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £118,000 results in an estimated price of approximately £289,141.
28 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 148.6 | 145.035 % | £118,000 | £171,141 | £289,141 |
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 | 138.993 % | £164,012 | £282,012 |
3 Month Average | 105.358 % | £124,322 | £242,322 |
6 Month Average | 135.786 % | £160,227 | £278,227 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jul 2023 | £203,742 | £201,000 | 225 HITCHIN ROAD |
27 Jan 2023 | £328,453 | £330,000 | 87 TALBOT ROAD |
7 Jan 2022 | £348,347 | £331,000 | 41 TALBOT ROAD |
21 Dec 2021 | £310,699 | £290,000 | 76 TALBOT ROAD |
28 May 2021 | £251,433 | £222,500 | 31 PRESTON GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 3 Oct 2019. Using an estimated price of £289,142 means this house is valued at £3,442 per sq meter (£319 per sq foot).
The average size of a house on TALBOT ROAD is 88 sq meters (949 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Talbot Road |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Talbot Road |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Preston Path |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colin Place |
Mar 2024 | Anti-social behaviour | On or near Colin Place |