£119,320
This estimated value is based upon the latest sale price for the house of £80,000 on 17 Dec 2014. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
Price Paid | Date |
---|---|
£80,000 | 17 Dec 2014 |
£56,000 | 1 Feb 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 567 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 December 2014 the House Price Index for LUTON was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £80,000 results in an estimated price of approximately £119,320.
17 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £80,000 | £39,320 | £119,320 |
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 | 71.995 % | £57,595 | £137,595 |
3 Month Average | 20.671 % | £16,536 | £96,536 |
6 Month Average | 20.035 % | £16,027 | £96,027 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £54,984 | £54,170 | UNIT 260 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
3 Nov 2023 | £62,798 | £61,868 | UNIT 554 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
3 Jul 2023 | £40,536 | £39,990 | UNIT 129 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
1 Aug 2022 | £113,694 | £114,000 | 77 HASTINGS STREET |
21 Jan 2022 | £125,237 | £119,000 | 79 HASTINGS STREET |
This house has a floor area of 52 sq meters or 567 sq feet when measured on 30 Dec 2010. Using an estimated price of £119,321 means this house is valued at £2,264 per sq meter (£210 per sq foot).
The average size of a house on DUMFRIES STREET is 60 sq meters (653 sq feet).