£412,701
This estimated value is based upon the latest sale price for the house of £242,000 on 15 May 2012. This value is then adjusted by the current Official House Price Index for LUTON 1
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Kingham House, 1 Kingham Way, Luton, LU2 7RG
Phone: 01582955871
| Price Paid | Date |
|---|---|
| £242,000 | 15 May 2012 |
| £227,500 | 28 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,281 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 May 2012 the House Price Index for LUTON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £242,000 results in an estimated price of approximately £412,701.
| 15 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £242,000 | £170,701 | £412,701 |
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 | 79.297 % | £191,898 | £433,898 |
| 3 Month Average | 49.686 % | £120,239 | £362,239 |
| 6 Month Average | 69.730 % | £168,746 | £410,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £510,497 | £505,000 | 38 WYCHWOOD AVENUE |
| 28 Apr 2023 | £490,279 | £485,000 | 13 WYCHWOOD AVENUE |
| 21 Apr 2023 | £459,952 | £455,000 | 41 ELMWOOD CRESCENT |
| 26 Jan 2023 | £766,390 | £770,000 | 268 OLD BEDFORD ROAD |
| 30 Sep 2022 | £406,716 | £410,000 | 31 ELMWOOD CRESCENT |
This house has a floor area of 119 sq meters or 1,281 sq feet when measured on 13 Oct 2011. Using an estimated price of £412,701 means this house is valued at £3,466 per sq meter (£322 per sq foot).
The average size of a house on WYCHWOOD AVENUE is 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wychwood Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wychwood Avenue |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Old Bedford Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Bedford Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Elmwood Crescent |