£229,853
This estimated value is based upon the latest sale price for the house of £200,000 on 16 Jul 2021. This value is then adjusted by the current Official House Price Index for LUTON 1
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16 Park Street, Luton, LU1 3EP
Phone: 01582936982
| Price Paid | Date |
|---|---|
| £200,000 | 16 Jul 2021 |
| £168,000 | 7 Jul 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 July 2021 the House Price Index for LUTON was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £200,000 results in an estimated price of approximately £229,853.
| 16 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £200,000 | £29,853 | £229,853 |
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 | -27.846 % | £-55,692 | £144,307 |
| 3 Month Average | -26.690 % | £-53,380 | £146,619 |
| 6 Month Average | -28.612 % | £-57,223 | £142,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2022 | £185,623 | £183,000 | 2 ROBIN HOOD MEWS |
| 21 Mar 2022 | £238,340 | £230,000 | 16 SURREY STREET |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Langley Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Langley Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Latimer Road |
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Latimer Road |
| Feb 2024 | Anti-social behaviour | On or near Latimer Road |