£208,081
This estimated value is based upon the latest sale price for the house of £175,000 on 3 Mar 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
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83 George Street, Luton, LU1 2AT
Phone: 01582879104
| Price Paid | Date |
|---|---|
| £175,000 | 3 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2020 the House Price Index for LUTON was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £175,000 results in an estimated price of approximately £208,081.
| 3 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £175,000 | £33,081 | £208,081 |
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 | 15.768 % | £27,593 | £202,593 |
| 3 Month Average | -12.481 % | £-21,841 | £153,158 |
| 6 Month Average | -17.156 % | £-30,023 | £144,976 |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 12 Nov 2018.
The average size of a house on KING STREET is 55 sq meters (597 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near George Street West |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near George Street West |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near George Street West |
| Mar 2024 | Anti-social behaviour | On or near George Street West | |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near George Street West |