£166,349
This estimated value is based upon the latest sale price for the house of £38,000 on 25 Jun 1999. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £38,000 | 25 Jun 1999 |
| £27,000 | 5 May 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 1999 the House Price Index for LUTON was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £38,000 results in an estimated price of approximately £166,349.
| 25 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.6 | 337.762 % | £38,000 | £128,349 | £166,349 |
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 | 131.193 % | £49,853 | £87,853 |
| 3 Month Average | 282.448 % | £107,330 | £145,330 |
| 6 Month Average | 279.143 % | £106,074 | £144,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £152,671 | £150,000 | 4 HILLBOROUGH ROAD |
| 21 Apr 2023 | £252,216 | £249,500 | 51 RUSSELL STREET |
| 13 Mar 2023 | £191,807 | £190,000 | FLAT B 16 HILLBOROUGH ROAD |
| 14 Feb 2023 | £301,797 | £302,000 | 6B HILLBOROUGH ROAD |
| 26 Aug 2022 | £209,436 | £210,000 | 29 HILLBOROUGH ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 27 Jun 2014. Using an estimated price of £166,350 means this house is valued at £3,080 per sq meter (£286 per sq foot).
The average size of a house on BRECON CLOSE is 72 sq meters (782 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Brecon Close | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Brecon Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brecon Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Brecon Close |
| Apr 2024 | Anti-social behaviour | On or near Russell Street |