£230,045
This estimated value is based upon the latest sale price for the house of £190,000 on 22 Nov 2019. 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 Russell Street
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
Price Paid | Date |
---|---|
£190,000 | 22 Nov 2019 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 2019 the House Price Index for LUTON was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.076%.Applying this 21.076% change to the original purchase price of £190,000 results in an estimated price of approximately £230,045.
22 Nov 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 146.7 | 21.076 % | £190,000 | £40,045 | £230,045 |
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 | 38.233 % | £72,643 | £262,643 |
3 Month Average | -16.617 % | £-31,573 | £158,426 |
6 Month Average | -21.189 % | £-40,259 | £149,740 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 Oct 2015.
The average size of a house on RUSSELL RISE is 86 sq meters (930 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Russell Street | |
Mar 2024 | Burglary | Under investigation | On or near Russell Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Russell Street |
Jan 2024 | Anti-social behaviour | On or near Russell Street | |
Jan 2024 | Anti-social behaviour | On or near Russell Street |