£2,206,939
This estimated value is based upon the latest sale price for the house of £1,675,000 on 29 Nov 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near New Street
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14 Stuart Street, Luton, LU1 2SL
Phone: 01582955610
| Price Paid | Date |
|---|---|
| £1,675,000 | 29 Nov 2016 |
| £550,000 | 12 May 2015 |
| Freehold |
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 November 2016 the House Price Index for LUTON was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £1,675,000 results in an estimated price of approximately £2,206,939.
| 29 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £1,675,000 | £531,939 | £2,206,939 |
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 | 44.319 % | £742,340 | £2,417,340 |
| 3 Month Average | -7.639 % | £-127,954 | £1,547,045 |
| 6 Month Average | -1.029 % | £-17,232 | £1,657,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £56,068 | £55,087 | UNIT 358 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
| 27 Nov 2023 | £54,984 | £54,170 | UNIT 260 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
| 6 Oct 2022 | £34,627 | £35,000 | UNIT 390 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
| 8 May 2019 | £90,176 | £72,950 | UNIT 403 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
| 30 Jan 2018 | £106,616 | £84,950 | UNIT A01 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near New Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near New Street |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near New Street |
| Mar 2024 | Drugs | Under investigation | On or near Spring Place |
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Spring Place |