£368,592
This estimated value is based upon the latest sale price for the house of £280,000 on 18 Jan 2017. 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 |
---|---|
£280,000 | 18 Jan 2017 |
£135,000 | 31 May 2000 |
Detached |
Freehold |
Floor Area: 123 sq meters or 1,323 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 2017 the House Price Index for LUTON was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £280,000 results in an estimated price of approximately £368,592.
18 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 149.7 | 31.640 % | £280,000 | £88,592 | £368,592 |
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 | 35.234 % | £98,656 | £378,656 |
3 Month Average | 26.529 % | £74,280 | £354,280 |
6 Month Average | 24.355 % | £68,194 | £348,194 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £466,851 | £455,000 | 135 CUTENHOE ROAD |
14 Jun 2023 | £433,691 | £425,000 | 86 CUTENHOE ROAD |
23 Mar 2023 | £378,318 | £372,000 | 232 STRATHMORE AVENUE |
14 Jan 2022 | £374,250 | £353,000 | 158 CUTENHOE ROAD |
30 Sep 2021 | £379,949 | £350,000 | 116 CUTENHOE ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 21 Nov 2016. Using an estimated price of £368,593 means this house is valued at £2,996 per sq meter (£278 per sq foot).
The average size of a house on STRATHMORE AVENUE is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cutenhoe Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cutenhoe Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cutenhoe Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cutenhoe Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cutenhoe Road |