£505,228
This estimated value is based upon the latest sale price for the house of £410,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
Price Paid | Date |
---|---|
£410,000 | 23 Nov 2018 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 November 2018 the House Price Index for LUTON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £410,000 results in an estimated price of approximately £505,228.
23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £410,000 | £95,228 | £505,228 |
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 | -26.465 % | £-108,507 | £301,492 |
3 Month Average | -7.025 % | £-28,800 | £381,199 |
6 Month Average | -12.300 % | £-50,431 | £359,568 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £687,021 | £675,000 | 1 CUTENHOE ROAD |
7 Dec 2023 | £687,021 | £675,000 | 10 CUTENHOE ROAD |
3 Aug 2023 | £459,016 | £455,000 | 43 WEST HILL ROAD |
27 Mar 2023 | £651,135 | £645,000 | 41 LUDLOW AVENUE |
23 Mar 2023 | £416,928 | £413,000 | 13 CUTENHOE ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 25 Sep 2018. Using an estimated price of £505,229 means this house is valued at £4,245 per sq meter (£394 per sq foot).
The average size of a house on CUTENHOE ROAD is 110 sq meters (1,187 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludlow Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludlow Avenue |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ludlow Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludlow Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludlow Avenue |