£330,563
This estimated value is based upon the latest sale price for the house of £258,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £258,000 | 30 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2017 the House Price Index for LUTON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £258,000 results in an estimated price of approximately £330,563.
| 30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £258,000 | £72,563 | £330,563 |
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 | 16.946 % | £43,720 | £301,720 |
| 3 Month Average | 3.420 % | £8,824 | £266,824 |
| 6 Month Average | 15.695 % | £40,492 | £298,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2022 | £319,141 | £320,000 | 5 NEWNHAM CLOSE |
| 8 Jul 2022 | £373,004 | £372,000 | 15 NEWNHAM CLOSE |
| 7 Mar 2022 | £261,138 | £252,000 | 9 LALLEFORD ROAD |
| 22 Oct 2021 | £272,194 | £246,000 | 20 CHERTSEY CLOSE |
| 20 Sep 2021 | £175,648 | £163,000 | 4 HARTOP COURT LALLEFORD ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 May 2017. Using an estimated price of £330,564 means this house is valued at £4,528 per sq meter (£420 per sq foot).
The average size of a house on GRESHAM CLOSE is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Gresham Close |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Chertsey Close |
| Mar 2024 | Anti-social behaviour | On or near Chertsey Close | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chertsey Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maulden Close |