£242,541
This estimated value is based upon the latest sale price for the house of £143,000 on 15 Jun 2012. 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 |
|---|---|
| £143,000 | 15 Jun 2012 |
| £145,000 | 26 May 2005 |
| £67,995 | 12 Apr 2000 |
| Terraced |
| Freehold |
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 2012 the House Price Index for LUTON was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £143,000 results in an estimated price of approximately £242,541.
| 15 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £143,000 | £99,541 | £242,541 |
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 | 62.452 % | £89,306 | £232,306 |
| 3 Month Average | 47.571 % | £68,026 | £211,026 |
| 6 Month Average | 67.321 % | £96,269 | £239,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £401,281 | £397,500 | 16 FELIX AVENUE |
| 9 Jan 2023 | £298,593 | £300,000 | 4 STOCKINGSTONE ROAD |
| 26 Aug 2022 | £369,007 | £370,000 | 24 FELIX AVENUE |
| 24 Jun 2022 | £355,017 | £350,000 | 474 HITCHIN ROAD |
| 10 Sep 2021 | £280,174 | £260,000 | 41 FELIX AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Offender given a caution | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |