£165,900
This estimated value is based upon the latest sale price for the house of £110,000 on 17 Oct 2014. 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 Hillborough Road
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
Price Paid | Date |
---|---|
£110,000 | 17 Oct 2014 |
£14,500 | 28 Feb 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 640 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 October 2014 the House Price Index for LUTON was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £110,000 results in an estimated price of approximately £165,900.
17 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £110,000 | £55,900 | £165,900 |
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 | 103.473 % | £113,819 | £223,819 |
3 Month Average | 51.296 % | £56,425 | £166,425 |
6 Month Average | 46.115 % | £50,726 | £160,726 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £160,465 | £158,000 | FLAT 3 4 FARLEY HILL |
1 Dec 2023 | £154,755 | £150,000 | 4 HILLBOROUGH ROAD |
3 Nov 2023 | £330,900 | £322,500 | 5 HILLBOROUGH ROAD |
16 Oct 2023 | £204,648 | £200,000 | 33 FARLEY HILL |
13 Mar 2023 | £193,227 | £190,000 | FLAT B 16 HILLBOROUGH ROAD |
This house has a floor area of 59 sq meters or 640 sq feet when measured on 7 Feb 2009. Using an estimated price of £165,901 means this house is valued at £2,787 per sq meter (£258 per sq foot).
The average size of a house on HILLBOROUGH ROAD is 86 sq meters (931 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Hillborough Road |
May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hillborough Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Russell Rise |
May 2024 | Violence and sexual offences | Under investigation | On or near Russell Rise |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Russell Rise |