£148,601
This estimated value is based upon the latest sale price for the house of £99,250 on 14 Nov 2014. 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 Winch Street
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
Price Paid | Date |
---|---|
£99,250 | 14 Nov 2014 |
£83,000 | 11 Apr 2003 |
£55,000 | 14 Feb 2002 |
£44,995 | 12 May 2000 |
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 November 2014 the House Price Index for LUTON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £99,250 results in an estimated price of approximately £148,601.
14 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £99,250 | £49,351 | £148,601 |
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 | 49.613 % | £49,240 | £148,490 |
3 Month Average | 30.209 % | £29,982 | £129,232 |
6 Month Average | 52.171 % | £51,779 | £151,029 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £288,691 | £285,000 | 66 RIDGWAY ROAD |
1 Sep 2023 | £128,138 | £126,500 | 7 ELLA COURT HIGH TOWN ROAD |
20 Feb 2023 | £274,815 | £275,000 | 140 RIDGWAY ROAD |
19 Oct 2022 | £224,582 | £227,000 | 95 RIDGWAY ROAD |
13 Jun 2022 | £273,865 | £269,995 | 146 RIDGWAY ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 1 Jul 2014. Using an estimated price of £148,601 means this house is valued at £3,910 per sq meter (£363 per sq foot).
The average size of a house on RIDGWAY ROAD is 77 sq meters (838 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Winch Street |
Feb 2024 | Anti-social behaviour | On or near Winch Street | |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Winch Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Winch Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Winch Street |