£265,332
This estimated value is based upon the latest sale price for the house of £180,000 on 13 Mar 2015. This value is then adjusted by the current Official House Price Index for LUTON 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £180,000 | 13 Mar 2015 |
| £87,500 | 11 Jan 2002 |
| £54,000 | 15 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 March 2015 the House Price Index for LUTON was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £180,000 results in an estimated price of approximately £265,332.
| 13 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £180,000 | £85,332 | £265,332 |
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 | 62.304 % | £112,146 | £292,146 |
| 3 Month Average | 32.995 % | £59,391 | £239,391 |
| 6 Month Average | 43.604 % | £78,487 | £258,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £279,575 | £276,000 | 48 ABBOTS WOOD ROAD |
| 20 Jul 2023 | £309,161 | £305,000 | 1 ABBOTS WOOD ROAD |
| 23 Jan 2023 | £363,289 | £365,000 | 136 HART LANE |
| 30 Nov 2022 | £322,098 | £326,000 | 2A POMFRET AVENUE |
| 24 Aug 2022 | £296,203 | £297,000 | 63 HART LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 May 2015. Using an estimated price of £265,332 means this house is valued at £3,401 per sq meter (£316 per sq foot).
The average size of a house on HART LANE is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hart Lane |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hart Lane |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Hart Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hart Lane |
| Mar 2024 | Anti-social behaviour | On or near Abbots Wood Road |