£92,285
This estimated value is based upon the latest sale price for the house of £88,000 on 9 Feb 2022. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
Price Paid | Date |
---|---|
£88,000 | 9 Feb 2022 |
£80,000 | 31 Mar 2016 |
£26,000 | 7 Jul 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 February 2022 the House Price Index for LUTON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £88,000 results in an estimated price of approximately £92,285.
9 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £88,000 | £4,285 | £92,285 |
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 | 22.834 % | £20,093 | £108,093 |
3 Month Average | -11.386 % | £-10,019 | £77,980 |
6 Month Average | -0.658 % | £-578 | £87,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £131,594 | £130,000 | FLAT 20 KETTON COURT KETTON CLOSE |
8 Jul 2022 | £149,653 | £149,250 | FLAT 6 KETTON COURT KETTON CLOSE |
11 Apr 2022 | £278,046 | £270,000 | 36 CRAWLEY GREEN ROAD |
9 Feb 2022 | £92,285 | £88,000 | FLAT 32 KETTON COURT KETTON CLOSE |
1 Apr 2021 | £316,170 | £280,000 | 70 RUTLAND CRESCENT |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 25 Nov 2013. Using an estimated price of £92,285 means this house is valued at £2,428 per sq meter (£225 per sq foot).
The average size of a house on KETTON CLOSE is 59 sq meters (644 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rutland Crescent |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rutland Crescent |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farnley Grove |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farnley Grove |
Feb 2024 | Anti-social behaviour | On or near Farnley Grove |