£263,565
This estimated value is based upon the latest sale price for the house of £214,500 on 28 Jan 2020. 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 |
---|---|
£214,500 | 28 Jan 2020 |
£90,000 | 12 Jun 2003 |
£31,000 | 12 Jul 1996 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 January 2020 the House Price Index for LUTON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £214,500 results in an estimated price of approximately £263,565.
28 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £214,500 | £49,065 | £263,565 |
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 | 35.824 % | £76,842 | £291,342 |
3 Month Average | -1.735 % | £-3,720 | £210,779 |
6 Month Average | -10.485 % | £-22,490 | £192,009 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £250,523 | £245,000 | 35 SURREY STREET |
6 Apr 2023 | £321,004 | £315,000 | 3 SURREY STREET |
3 Mar 2023 | £225,770 | £222,000 | 24 CAMBRIDGE STREET |
4 Nov 2022 | £283,674 | £285,000 | 44 CAMBRIDGE STREET |
13 Apr 2022 | £133,309 | £128,500 | APARTMENT 3 CHESFORD COURT, 22 MAY STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 Jun 2019. Using an estimated price of £263,565 means this house is valued at £3,100 per sq meter (£288 per sq foot).
The average size of a house on NEW TOWN STREET is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near May Street |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near May Street |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near May Street |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near May Street |
Jun 2024 | Anti-social behaviour | On or near Surrey Street |