£258,168
This estimated value is based upon the latest sale price for the house of £109,000 on 6 May 2003. This value is then adjusted by the current Official House Price Index for LUTON 1
There have been five burglaries within the last year on or near Knights Field
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Kingham House, 1 Kingham Way, Luton, LU2 7RG
Phone: 01582955871
Price Paid | Date |
---|---|
£109,000 | 6 May 2003 |
£69,000 | 16 Mar 2001 |
£42,500 | 30 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 May 2003 the House Price Index for LUTON was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £109,000 results in an estimated price of approximately £258,168.
6 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 148.6 | 136.852 % | £109,000 | £149,168 | £258,168 |
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 | 133.356 % | £145,357 | £254,357 |
3 Month Average | 101.735 % | £110,890 | £219,890 |
6 Month Average | 126.516 % | £137,902 | £246,902 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £193,384 | £190,000 | FLAT 2 ERMINE PLACE EARLS MEADE |
20 Mar 2023 | £264,997 | £262,500 | FLAT 13 QUEENS COURT KNIGHTS FIELD |
17 Mar 2023 | £156,474 | £155,000 | FLAT 5 GARTER COURT KNIGHTS FIELD |
13 Jan 2023 | £197,072 | £198,000 | FLAT 13 PRINCES PLACE KNIGHTS FIELD |
4 Feb 2022 | £191,387 | £182,500 | FLAT 4 ERMINE PLACE EARLS MEADE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 26 May 2020. Using an estimated price of £258,168 means this house is valued at £4,693 per sq meter (£436 per sq foot).
The average size of a house on KNIGHTS FIELD is 59 sq meters (640 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Knights Field |
Mar 2024 | Burglary | Under investigation | On or near Knights Field |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Knights Field |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Knights Field |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Knights Field |