£154,903
This estimated value is based upon the latest sale price for the house of £127,000 on 6 Jan 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
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Jansel House Parade, 656 Hitchin Road, Stopsley, Luton, LU2 7XH
Phone: 01582879107
| Price Paid | Date |
|---|---|
| £127,000 | 6 Jan 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 2020 the House Price Index for LUTON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £127,000 results in an estimated price of approximately £154,903.
| 6 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £127,000 | £27,903 | £154,903 |
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 | 17.643 % | £22,406 | £149,406 |
| 3 Month Average | -1.684 % | £-2,139 | £124,860 |
| 6 Month Average | 6.112 % | £7,762 | £134,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £121,803 | £120,000 | 686A HITCHIN ROAD |
| 24 Mar 2023 | £353,329 | £350,000 | 3 DELLCOT CLOSE |
| 22 Aug 2022 | £264,289 | £265,000 | 20 PUTTERIDGE ROAD |
| 27 Jun 2022 | £213,010 | £210,000 | 680A HITCHIN ROAD |
| 30 May 2022 | £163,073 | £160,000 | 15 ELDERBERRY CLOSE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 5 Nov 2019. Using an estimated price of £154,904 means this house is valued at £2,978 per sq meter (£276 per sq foot).
The average size of a house on ELDERBERRY CLOSE is 64 sq meters (694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Elderberry Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elderberry Close |
| Mar 2024 | Theft from the person | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |