£439,420
This estimated value is based upon the latest sale price for the house of £330,000 on 19 Jul 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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593 Hitchin Road, Stopsley, Luton, LU2 7UN
Phone: 01582955773
| Price Paid | Date |
|---|---|
| £330,000 | 19 Jul 2016 |
| £198,000 | 20 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2016 the House Price Index for LUTON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £330,000 results in an estimated price of approximately £439,420.
| 19 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £330,000 | £109,420 | £439,420 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 16.293 % | £53,765 | £383,765 |
| 3 Month Average | 26.000 % | £85,799 | £415,799 |
| 6 Month Average | 34.114 % | £112,574 | £442,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £354,533 | £350,000 | 2A STRONNELL CLOSE |
| 7 Aug 2023 | £262,295 | £260,000 | 233 TURNERS ROAD NORTH |
| 21 Jul 2023 | £344,638 | £340,000 | 43 LANGFORD DRIVE |
| 27 Apr 2023 | £555,986 | £550,000 | 8 STEPHENS CLOSE |
| 26 Apr 2023 | £424,571 | £420,000 | 203 TURNERS ROAD NORTH |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Mar 2016. Using an estimated price of £439,420 means this house is valued at £5,050 per sq meter (£469 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stronnell Close |
| Apr 2024 | Anti-social behaviour | On or near Stronnell Close | |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Stronnell Close |
| Apr 2024 | Anti-social behaviour | On or near Stronnell Close | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stronnell Close |