£315,167
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Nov 2017. 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 |
|---|---|
| £250,000 | 17 Nov 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2017 the House Price Index for LUTON was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £250,000 results in an estimated price of approximately £315,167.
| 17 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £250,000 | £65,167 | £315,167 |
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 | 5.901 % | £14,753 | £264,753 |
| 3 Month Average | -7.317 % | £-18,291 | £231,708 |
| 6 Month Average | 5.946 % | £14,863 | £264,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £406,929 | £402,000 | 34 DURHAM ROAD |
| 25 Apr 2023 | £310,847 | £307,500 | 76 DURHAM ROAD |
| 5 Apr 2023 | £383,125 | £379,000 | 10 NORFOLK ROAD |
| 3 Mar 2023 | £373,519 | £370,000 | 39 DURHAM ROAD |
| 16 Feb 2023 | £344,768 | £345,000 | 72 DEVON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 3 Jul 2017. Using an estimated price of £315,167 means this house is valued at £3,707 per sq meter (£344 per sq foot).
The average size of a house on DURHAM ROAD is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Durham Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Durham Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Silecroft Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silecroft Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silecroft Road |