£349,378
This estimated value is based upon the latest sale price for the house of £180,000 on 6 Aug 2004. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
| Price Paid | Date |
|---|---|
| £180,000 | 6 Aug 2004 |
| £135,000 | 26 Sep 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 August 2004 the House Price Index for LUTON was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £180,000 results in an estimated price of approximately £349,378.
| 6 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £180,000 | £169,378 | £349,378 |
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 | 113.535 % | £204,363 | £384,363 |
| 3 Month Average | 94.406 % | £169,930 | £349,930 |
| 6 Month Average | 84.670 % | £152,406 | £332,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £44,000 | £44,000 | SUITE S2 LONDON PARK HOUSE, 146 - 158 PARK STREET |
| 1 Dec 2023 | £25,793 | £25,000 | SUITE F10 LONDON PARK HOUSE, 146 - 158 PARK STREET |
| 10 Nov 2023 | £131,334 | £128,000 | 83 HESWALL COURT BAILEY STREET |
| 21 Apr 2023 | £47,896 | £47,000 | SUITE F23 LONDON PARK HOUSE, 146 - 158 PARK STREET |
| 21 Oct 2022 | £32,890 | £33,000 | SUITE G14 LONDON PARK HOUSE, 146 - 158 PARK STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 10 Mar 2014. Using an estimated price of £349,379 means this house is valued at £4,597 per sq meter (£427 per sq foot).
The average size of a house on CHEQUER STREET is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chequer Street |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chequer Street |