£334,959
This estimated value is based upon the latest sale price for the house of £330,000 on 3 Nov 2023. 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 High Ridge
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
Price Paid | Date |
---|---|
£330,000 | 3 Nov 2023 |
£250,000 | 7 Aug 2017 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 2023 the House Price Index for LUTON was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £330,000 results in an estimated price of approximately £334,959.
3 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £330,000 | £4,959 | £334,959 |
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 | 60.187 % | £198,617 | £528,617 |
3 Month Average | -9.816 % | £-32,392 | £297,607 |
6 Month Average | -4.674 % | £-15,425 | £314,574 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £264,630 | £260,000 | 90 FERMOR CRESCENT |
3 Nov 2023 | £334,959 | £330,000 | 78 HOLLYBUSH ROAD |
29 Sep 2023 | £322,119 | £318,000 | 51 FERMOR CRESCENT |
22 Sep 2023 | £346,429 | £342,000 | 26 PORLOCK DRIVE |
24 Feb 2023 | £354,761 | £355,000 | 35 HOLLYBUSH ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 10 May 2017. Using an estimated price of £334,959 means this house is valued at £4,350 per sq meter (£404 per sq foot).
The average size of a house on HOLLYBUSH ROAD is 85 sq meters (918 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near High Ridge |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollybush Road |
Mar 2024 | Drugs | Local resolution | On or near Hollybush Road |
Mar 2024 | Drugs | Local resolution | On or near Hollybush Road |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Hollybush Road |