£227,641
This estimated value is based upon the latest sale price for the house of £135,000 on 15 Mar 2013. This value is then adjusted by the current Official House Price Index for LUTON 1
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
| Price Paid | Date |
|---|---|
| £135,000 | 15 Mar 2013 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 2013 the House Price Index for LUTON was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £135,000 results in an estimated price of approximately £227,641.
| 15 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £135,000 | £92,641 | £227,641 |
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 | 112.992 % | £152,539 | £287,539 |
| 3 Month Average | 80.604 % | £108,815 | £243,815 |
| 6 Month Average | 77.916 % | £105,186 | £240,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £294,035 | £285,000 | 14 ORMSBY CLOSE |
| 9 Nov 2023 | £564,325 | £550,000 | 73 LONDON ROAD |
| 21 Sep 2023 | £199,396 | £195,000 | 32 SOMERSBY CLOSE |
| 11 Sep 2023 | £403,904 | £395,000 | 69 LONDON ROAD |
| 4 Apr 2023 | £585,960 | £575,000 | 85 LONDON ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 30 Aug 2012. Using an estimated price of £227,641 means this house is valued at £4,295 per sq meter (£399 per sq foot).
The average size of a house on ORMSBY CLOSE is 58 sq meters (631 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ormsby Close |
| Jun 2024 | Anti-social behaviour | On or near Ormsby Close | |
| Jun 2024 | Anti-social behaviour | On or near Ormsby Close | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ormsby Close |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Ormsby Close |