£202,488
This estimated value is based upon the latest sale price for the house of £150,500 on 30 Jun 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £150,500 | 30 Jun 2016 |
| £115,000 | 25 May 2011 |
| Flats/Maisonettes |
| Leasehold |
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 June 2016 the House Price Index for LUTON was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £150,500 results in an estimated price of approximately £202,488.
| 30 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £150,500 | £51,988 | £202,488 |
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 | 25.246 % | £37,994 | £188,494 |
| 3 Month Average | 30.061 % | £45,241 | £195,741 |
| 6 Month Average | 28.858 % | £43,430 | £193,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £254,256 | £249,500 | 51 RUSSELL STREET |
| 29 Jul 2022 | £151,518 | £150,000 | 16 BRECON CLOSE |
| 20 Jun 2022 | £183,932 | £180,000 | 17 ST SAVIOURS CRESCENT |
| 8 Apr 2022 | £223,046 | £215,000 | 9 ST SAVIOURS CRESCENT |
| 8 Apr 2022 | £223,046 | £215,000 | 7 ST SAVIOURS CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near St Saviours'S Crescent |
| Jul 2024 | Other crime | Under investigation | On or near St Saviours'S Crescent |
| Jul 2024 | Vehicle crime | Under investigation | On or near St Saviours'S Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Saviours'S Crescent |
| Jun 2024 | Vehicle crime | Under investigation | On or near St Saviours'S Crescent |