£113,082
This estimated value is based upon the latest sale price for the house of £20,328 on 30 Sep 1996. 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 |
---|---|
£20,328 | 30 Sep 1996 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 September 1996 the House Price Index for LUTON was 26.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 456.289%.Applying this 456.289% change to the original purchase price of £20,328 results in an estimated price of approximately £113,082.
30 Sep 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.9 | 149.7 | 456.289 % | £20,328 | £92,754 | £113,082 |
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 | 648.086 % | £131,742 | £152,070 |
3 Month Average | 558.473 % | £113,526 | £133,854 |
6 Month Average | 509.095 % | £103,488 | £123,816 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £304,681 | £300,000 | 276 PARK STREET |
20 Dec 2023 | £190,865 | £185,000 | 31 GREEN DRAGON COURT STRATHMORE AVENUE |
30 Nov 2023 | £164,167 | £160,000 | FLAT 4 BRACHE COURT SEYMOUR ROAD |
23 Jan 2023 | £153,410 | £153,000 | FLAT 12 BRACHE COURT SEYMOUR ROAD |
31 Mar 2022 | £182,688 | £175,000 | 230 PARK STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 Jun 2012. Using an estimated price of £113,082 means this house is valued at £1,190 per sq meter (£110 per sq foot).
The average size of a house on PARK STREET is 77 sq meters (829 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Park Street | |
Jul 2024 | Bicycle theft | Under investigation | On or near Park Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Street |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Street |
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Park Street |