£342,811
This estimated value is based upon the latest sale price for the house of £277,500 on 14 Jan 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £277,500 | 14 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 January 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £277,500 results in an estimated price of approximately £342,811.
| 14 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £277,500 | £65,311 | £342,811 |
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 | 48.335 % | £134,128 | £411,628 |
| 3 Month Average | -7.480 % | £-20,756 | £256,743 |
| 6 Month Average | -7.433 % | £-20,627 | £256,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £172,319 | £170,000 | 49B RUSSELL RISE |
| 20 Jun 2022 | £182,580 | £180,000 | 17 ST SAVIOURS CRESCENT |
| 8 Apr 2022 | £221,407 | £215,000 | 9 ST SAVIOURS CRESCENT |
| 31 Mar 2022 | £145,077 | £140,000 | FLAT 6 THE CONIFERS, 100 RUSSELL RISE |
| 31 Mar 2022 | £165,802 | £160,000 | FLAT 8 THE CONIFERS, 100 RUSSELL RISE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 19 Dec 2018. Using an estimated price of £342,811 means this house is valued at £3,726 per sq meter (£346 per sq foot).
The average size of a house on DEANES CLOSE is 116 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Deanes Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Deanes Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Deanes Close |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Deanes Close |
| Mar 2024 | Other crime | Under investigation | On or near Russell Rise |