£360,762
This estimated value is based upon the latest sale price for the house of £292,500 on 19 Jul 2019. 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 |
---|---|
£292,500 | 19 Jul 2019 |
£172,500 | 23 Sep 2004 |
£135,000 | 27 Sep 2002 |
Semi-Detached |
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 July 2019 the House Price Index for LUTON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £292,500 results in an estimated price of approximately £360,762.
19 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £292,500 | £68,262 | £360,762 |
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 | 5.231 % | £15,301 | £307,801 |
3 Month Average | -0.658 % | £-1,923 | £290,576 |
6 Month Average | 12.675 % | £37,073 | £329,573 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £289,283 | £285,000 | 51 GAYLAND AVENUE |
21 Jul 2023 | £319,297 | £315,000 | 96 DEVON ROAD |
14 Jul 2023 | £359,843 | £355,000 | 138 DEVON ROAD |
21 Feb 2023 | £249,832 | £250,000 | 51 BUCHANAN DRIVE |
16 Feb 2023 | £297,800 | £298,000 | 8 GAYLAND AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Feb 2019. Using an estimated price of £360,762 means this house is valued at £4,810 per sq meter (£446 per sq foot).
The average size of a house on DEVON ROAD is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Devon Road | |
Jan 2024 | Anti-social behaviour | On or near Devon Road | |
Jan 2024 | Anti-social behaviour | On or near Devon Road | |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Devon Road |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Gayland Avenue |