£603,497
This estimated value is based upon the latest sale price for the house of £597,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for LUTON 1
There have been two burglaries within the last year on or near George Street West
More crime details
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3rd Floor, The Mall, 46 George St, Luton, LU1 2AZ
Phone: 01582955766
| Price Paid | Date |
|---|---|
| £597,000 | 21 Apr 2023 |
| £268,000 | 26 Sep 2016 |
| 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 April 2023 the House Price Index for LUTON was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £597,000 results in an estimated price of approximately £603,497.
| 21 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £597,000 | £6,497 | £603,497 |
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 | -50.368 % | £-300,695 | £296,304 |
| 3 Month Average | -31.036 % | £-185,282 | £411,717 |
| 6 Month Average | -26.596 % | £-158,776 | £438,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £1,010,000 | £1,010,000 | 39 GEORGE STREET |
| 21 Apr 2023 | £603,498 | £597,000 | 1 GEORGE STREET WEST |
| 22 Mar 2023 | £555,231 | £550,000 | 1A CHAPEL STREET |
| 15 Mar 2023 | £883,322 | £875,000 | 27 GEORGE STREET |
| 6 Jun 2022 | £1,014 | £1,000 | 1 CHEAPSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near George Street West |
| Apr 2024 | Vehicle crime | Under investigation | On or near George Street West |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near George Street West |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near George Street West |
| Apr 2024 | Burglary | Under investigation | On or near George Street West |