£191,466
This estimated value is based upon the latest sale price for the house of £155,000 on 22 Feb 2019. 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 Union Street
More crime details
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16 Park Street, Luton, LU1 3EP
Phone: 01582936982
| Price Paid | Date |
|---|---|
| £155,000 | 22 Feb 2019 |
| Flats/Maisonettes |
| Leasehold |
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 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £155,000 results in an estimated price of approximately £191,466.
| 22 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £155,000 | £36,466 | £191,466 |
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 | 22.570 % | £34,983 | £189,983 |
| 3 Month Average | -5.051 % | £-7,829 | £147,170 |
| 6 Month Average | -1.081 % | £-1,675 | £153,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2021 | £239,501 | £221,450 | UNIT 3 FLOWERS INDUSTRIAL ESTATE |
| 26 Nov 2021 | £223,873 | £207,000 | 18 OLIVIA HOUSE OXFORD ROAD |
| 15 Oct 2021 | £121,713 | £110,000 | 73 LATIMER ROAD |
| 16 Jul 2021 | £229,853 | £200,000 | UNIT 18 FLOWERS INDUSTRIAL ESTATE |
| 4 Jun 2021 | £633,025 | £590,000 | 1 UNION STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Union Street |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Union Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Union Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Union Street |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Union Street |