£306,498
This estimated value is based upon the latest sale price for the house of £247,377 on 5 Jan 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
Price Paid | Date |
---|---|
£247,377 | 5 Jan 2018 |
£137,500 | 10 Jan 2011 |
£35,897 | 12 Aug 1997 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,150 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 January 2018 the House Price Index for LUTON was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £247,377 results in an estimated price of approximately £306,498.
5 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 146.7 | 23.899 % | £247,377 | £59,121 | £306,498 |
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 | 76.076 % | £188,195 | £435,572 |
3 Month Average | -10.954 % | £-27,097 | £220,279 |
6 Month Average | -3.214 % | £-7,950 | £239,426 |
This house has a floor area of 106 sq meters or 1,150 sq feet when measured on 23 Jun 2009.
The average size of a house on DUMFRIES STREET is 60 sq meters (653 sq feet).
This house is the largest in the street with a floor area of 106 sq meters (1,150 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Road |
Mar 2024 | Public order | Under investigation | On or near Salisbury Road |
Feb 2024 | Drugs | Under investigation | On or near Salisbury Road |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Salisbury Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanley Street |