£350,756
This estimated value is based upon the latest sale price for the house of £325,500 on 29 Sep 2021. 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 |
|---|---|
| £325,500 | 29 Sep 2021 |
| £56,995 | 10 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 September 2021 the House Price Index for LUTON was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £325,500 results in an estimated price of approximately £350,756.
| 29 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £325,500 | £25,256 | £350,756 |
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 | -11.273 % | £-36,693 | £288,806 |
| 3 Month Average | -13.154 % | £-42,816 | £282,683 |
| 6 Month Average | 0.476 % | £1,548 | £327,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £303,885 | £300,000 | 57 ABBEY DRIVE |
| 21 Jul 2023 | £369,980 | £365,000 | 69 EXTON AVENUE |
| 2 Jun 2023 | £161,962 | £160,000 | 33 EXTON AVENUE |
| 18 Jan 2023 | £386,181 | £388,000 | 39 COWRIDGE CRESCENT |
| 12 Nov 2022 | £328,027 | £332,000 | 68 ABBEY DRIVE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 26 Jul 2021. Using an estimated price of £350,756 means this house is valued at £2,719 per sq meter (£252 per sq foot).
The average size of a house on ABBEY DRIVE is 99 sq meters (1,067 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Abbey Drive | |
| Jan 2024 | Anti-social behaviour | On or near Abbey Drive | |
| Jan 2024 | Anti-social behaviour | On or near Abbey Drive | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Abbey Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowridge Crescent |