£225,118
This estimated value is based upon the latest sale price for the house of £160,000 on 16 Oct 2015. This value is then adjusted by the current Official House Price Index for LUTON 1
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
Price Paid | Date |
---|---|
£160,000 | 16 Oct 2015 |
£84,995 | 21 Aug 2002 |
£65,500 | 26 May 2000 |
£42,000 | 18 Jul 1997 |
£34,000 | 1 May 1995 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 October 2015 the House Price Index for LUTON was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £160,000 results in an estimated price of approximately £225,118.
16 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £160,000 | £65,118 | £225,118 |
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 | -29.496 % | £-47,193 | £112,806 |
3 Month Average | 5.664 % | £9,061 | £169,061 |
6 Month Average | 10.726 % | £17,161 | £177,161 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jul 2023 | £182,456 | £180,000 | 49 TAVISTOCK STREET |
18 Apr 2023 | £32,348 | £32,000 | 119A CASTLE STREET |
28 Feb 2023 | £219,852 | £220,000 | 7 COWPER STREET |
7 Nov 2022 | £232,188 | £235,000 | 58 TAVISTOCK STREET |
14 Jan 2022 | £142,075 | £135,000 | FLAT 7 CEIRA COURT, 40 SOUTH ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Jul 2015. Using an estimated price of £225,118 means this house is valued at £3,310 per sq meter (£307 per sq foot).
The average size of a house on TAVISTOCK STREET is 70 sq meters (757 sq feet).