£261,227
This estimated value is based upon the latest sale price for the house of £210,000 on 21 Jun 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
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14 Stuart Street, Luton, LU1 2SL
Phone: 01582955610
| Price Paid | Date |
|---|---|
| £210,000 | 21 Jun 2018 |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 June 2018 the House Price Index for LUTON was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £210,000 results in an estimated price of approximately £261,227.
| 21 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £210,000 | £51,227 | £261,227 |
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 | -29.050 % | £-61,004 | £148,995 |
| 3 Month Average | -8.599 % | £-18,057 | £191,942 |
| 6 Month Average | 26.742 % | £56,157 | £266,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £603,498 | £597,000 | 1 GEORGE STREET WEST |
| 31 Aug 2021 | £334,685 | £300,000 | 18 STUART STREET |
| 8 Jun 2021 | £32,188 | £30,000 | UNIT F15 CHAPEL STREET STUDENT ACCOMMODATION, 21 - 25 CHAPEL STREET |
| 1 Dec 2020 | £218,066 | £190,000 | TRINITY HOUSE, 26B CHAPEL STREET |
| 18 Mar 2020 | £505,863 | £420,000 | 21 KING STREET |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 25 Jan 2020. Using an estimated price of £261,228 means this house is valued at £1,685 per sq meter (£156 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Conference/Exhibition Centre | |
| Feb 2024 | Anti-social behaviour | On or near Conference/Exhibition Centre | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Conference/Exhibition Centre |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Conference/Exhibition Centre |
| Feb 2024 | Drugs | Local resolution | On or near Conference/Exhibition Centre |