£161,125
This estimated value is based upon the latest sale price for the house of £74,000 on 22 Dec 2003. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £74,000 | 22 Dec 2003 |
| £39,995 | 2 Mar 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 2003 the House Price Index for LUTON was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £74,000 results in an estimated price of approximately £161,125.
| 22 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £74,000 | £87,125 | £161,125 |
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 | 4.648 % | £3,439 | £77,439 |
| 3 Month Average | 60.006 % | £44,404 | £118,404 |
| 6 Month Average | 64.817 % | £47,964 | £121,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £265,937 | £262,000 | 1 ANTHONY GARDENS |
| 2 Nov 2023 | £253,757 | £250,000 | 4 ANTHONY GARDENS |
| 1 Nov 2023 | £121,803 | £120,000 | 8 FLINT COURT FARLEY HILL |
| 23 Nov 2022 | £281,589 | £285,000 | 53 CORNCASTLE ROAD |
| 5 Aug 2022 | £296,701 | £297,500 | 66 FARLEY HILL |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 27 Feb 2018. Using an estimated price of £161,126 means this house is valued at £4,739 per sq meter (£440 per sq foot).
The average size of a house on FARLEY HILL is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Anthony Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Anthony Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Sutherland Place | |
| Feb 2024 | Anti-social behaviour | On or near Sutherland Place | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sutherland Place |