£177,201
This estimated value is based upon the latest sale price for the house of £144,000 on 28 Aug 2019. 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 |
---|---|
£144,000 | 28 Aug 2019 |
£97,000 | 10 Aug 2011 |
£59,500 | 26 Jul 2002 |
£45,500 | 17 Apr 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 2019 the House Price Index for LUTON was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £144,000 results in an estimated price of approximately £177,201.
28 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £144,000 | £33,201 | £177,201 |
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 | 2.183 % | £3,143 | £147,143 |
3 Month Average | -2.723 % | £-3,921 | £140,078 |
6 Month Average | 13.361 % | £19,239 | £163,239 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £1,087,094 | £1,071,000 | WYVERN, 4 EATON GREEN ROAD |
4 Aug 2023 | £294,577 | £292,000 | 57 ROWELFIELD |
21 Jul 2023 | £160,156 | £158,000 | 5 MISTLETOE COURT MISTLETOE HILL |
7 Jul 2023 | £300,038 | £296,000 | 13 MOSSBANK AVENUE |
30 Jun 2023 | £344,169 | £340,000 | 79 ROWELFIELD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 10 Jun 2021. Using an estimated price of £177,201 means this house is valued at £4,430 per sq meter (£411 per sq foot).
The average size of a house on MISTLETOE HILL is 43 sq meters (465 sq feet).
This house is the largest in the street with a floor area of 40 sq meters (430 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mistletoe Hill |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mistletoe Hill |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
Mar 2024 | Anti-social behaviour | On or near Hornsby Close | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hornsby Close |