£335,462
This estimated value is based upon the latest sale price for the house of £195,000 on 29 Mar 2011. This value is then adjusted by the current Official House Price Index for LUTON 1
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593 Hitchin Road, Stopsley, Luton, LU2 7UN
Phone: 01582955773
| Price Paid | Date |
|---|---|
| £195,000 | 29 Mar 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 50 sq meters or 542 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 2011 the House Price Index for LUTON was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £195,000 results in an estimated price of approximately £335,462.
| 29 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £195,000 | £140,462 | £335,462 |
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 | 84.512 % | £164,798 | £359,798 |
| 3 Month Average | 57.112 % | £111,369 | £306,369 |
| 6 Month Average | 76.836 % | £149,830 | £344,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £358,777 | £352,500 | 76 LANGFORD DRIVE |
| 20 Sep 2023 | £340,352 | £336,000 | 81 LANGFORD DRIVE |
| 24 Feb 2023 | £327,280 | £327,500 | 73 LANGFORD DRIVE |
| 18 Nov 2022 | £326,051 | £330,000 | 526 HITCHIN ROAD |
| 26 Aug 2022 | £353,050 | £354,000 | 47 LANGFORD DRIVE |
This house has a floor area of 50 sq meters or 542 sq feet when measured on 15 Mar 2011. Using an estimated price of £335,462 means this house is valued at £6,659 per sq meter (£618 per sq foot).
The average size of a house on LANGFORD DRIVE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Stopsley Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Shelton Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitchin Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arnold Close |
| Jan 2024 | Anti-social behaviour | On or near Arnold Close |