£198,999
This estimated value is based upon the latest sale price for the house of £135,000 on 4 Mar 2015. 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 |
---|---|
£135,000 | 4 Mar 2015 |
£113,000 | 23 Feb 2006 |
£106,000 | 6 Jun 2003 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 March 2015 the House Price Index for LUTON was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £135,000 results in an estimated price of approximately £198,999.
4 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £135,000 | £63,999 | £198,999 |
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 | -24.650 % | £-33,277 | £101,722 |
3 Month Average | 21.795 % | £29,423 | £164,423 |
6 Month Average | 19.334 % | £26,100 | £161,100 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £248,173 | £245,000 | 35 SURREY STREET |
21 Jul 2023 | £213,879 | £211,000 | 50 CAMBRIDGE STREET |
6 Apr 2023 | £318,429 | £315,000 | 3 SURREY STREET |
3 Mar 2023 | £224,111 | £222,000 | 24 CAMBRIDGE STREET |
4 Nov 2022 | £281,589 | £285,000 | 44 CAMBRIDGE STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 20 Jan 2015. Using an estimated price of £198,999 means this house is valued at £3,158 per sq meter (£293 per sq foot).
The average size of a house on NEW TOWN STREET is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Offender given a caution | On or near New Town Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Town Street |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Town Street |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near New Town Street |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near May Street |