£286,927
This estimated value is based upon the latest sale price for the house of £240,000 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
| Price Paid | Date |
|---|---|
| £240,000 | 26 Jun 2020 |
| £75,000 | 15 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 June 2020 the House Price Index for LUTON was 122.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.553%.Applying this 19.553% change to the original purchase price of £240,000 results in an estimated price of approximately £286,927.
| 26 Jun 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 146.7 | 19.553 % | £240,000 | £46,927 | £286,927 |
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 | 28.178 % | £67,626 | £307,626 |
| 3 Month Average | -38.098 % | £-91,435 | £148,564 |
| 6 Month Average | -16.636 % | £-39,927 | £200,072 |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 4 Sep 2012.
The average size of a house on CRAWLEY GREEN ROAD is 144 sq meters (1,555 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).