£468,424
This estimated value is based upon the latest sale price for the house of £280,000 on 13 Aug 2010. 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 |
|---|---|
| £280,000 | 13 Aug 2010 |
| £330,000 | 24 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,466 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 August 2010 the House Price Index for LUTON was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.294%.Applying this 67.294% change to the original purchase price of £280,000 results in an estimated price of approximately £468,424.
| 13 Aug 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 146.7 | 67.294 % | £280,000 | £188,424 | £468,424 |
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 | 84.684 % | £237,114 | £517,114 |
| 3 Month Average | 53.737 % | £150,463 | £430,463 |
| 6 Month Average | 68.120 % | £190,735 | £470,735 |
This house has a floor area of 136 sq meters or 1,466 sq feet when measured on 5 May 2009.
The average size of a house on HITCHIN ROAD is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Deep Denes |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Deep Denes |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Deep Denes |
| Feb 2024 | Anti-social behaviour | On or near Deep Denes | |
| Feb 2024 | Anti-social behaviour | On or near Deep Denes |