£459,917
This estimated value is based upon the latest sale price for the house of £375,000 on 25 Nov 2019. 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 |
---|---|
£375,000 | 25 Nov 2019 |
Terraced |
Freehold |
Floor Area: 147 sq meters or 1,582 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 November 2019 the House Price Index for LUTON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £375,000 results in an estimated price of approximately £459,917.
25 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £375,000 | £84,917 | £459,917 |
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 | -45.006 % | £-168,771 | £206,228 |
3 Month Average | -18.155 % | £-68,081 | £306,918 |
6 Month Average | -25.037 % | £-93,887 | £281,112 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Feb 2023 | £339,771 | £340,000 | 220 CUTENHOE ROAD |
29 Apr 2022 | £373,817 | £363,000 | 57 ALTON ROAD |
3 Mar 2022 | £300,516 | £290,000 | 80 SEYMOUR ROAD |
16 Dec 2021 | £385,696 | £360,000 | 18 ALTON ROAD |
30 Sep 2021 | £341,597 | £317,000 | 48 SEYMOUR ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 4 Feb 2019. Using an estimated price of £459,917 means this house is valued at £3,128 per sq meter (£290 per sq foot).
The average size of a house on CUTENHOE ROAD is 110 sq meters (1,187 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alton Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Road |
Apr 2024 | Anti-social behaviour | On or near Alton Road | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Road |