£250,776
This estimated value is based upon the latest sale price for the house of £140,000 on 12 Nov 2008. 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 Russell Rise
More crime details
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £140,000 | 12 Nov 2008 |
| £65,000 | 23 Jul 1999 |
| Terraced |
| 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 November 2008 the House Price Index for LUTON was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £140,000 results in an estimated price of approximately £250,776.
| 12 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.126 % | £140,000 | £110,776 | £250,776 |
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 | -12.343 % | £-17,280 | £122,719 |
| 3 Month Average | 37.821 % | £52,949 | £192,949 |
| 6 Month Average | 31.381 % | £43,933 | £183,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £172,319 | £170,000 | 49B RUSSELL RISE |
| 20 Jun 2022 | £182,580 | £180,000 | 17 ST SAVIOURS CRESCENT |
| 8 Apr 2022 | £221,407 | £215,000 | 9 ST SAVIOURS CRESCENT |
| 31 Mar 2022 | £165,802 | £160,000 | FLAT 8 THE CONIFERS, 100 RUSSELL RISE |
| 31 Mar 2022 | £134,714 | £130,000 | FLAT 2 THE CONIFERS, 100 RUSSELL RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Russell Rise |
| Apr 2024 | Other theft | Under investigation | On or near Russell Rise |
| Mar 2024 | Other crime | Under investigation | On or near Russell Rise |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Russell Rise |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Russell Rise |