£277,323
This estimated value is based upon the latest sale price for the house of £225,000 on 13 Feb 2020. 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 |
---|---|
£225,000 | 13 Feb 2020 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 960 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 February 2020 the House Price Index for LUTON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £225,000 results in an estimated price of approximately £277,323.
13 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £225,000 | £52,323 | £277,323 |
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 | 3.717 % | £8,362 | £233,362 |
3 Month Average | 0.517 % | £1,163 | £226,163 |
6 Month Average | -2.413 % | £-5,429 | £219,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £287,293 | £280,000 | 1 SEYMOUR AVENUE |
27 Sep 2023 | £230,072 | £225,000 | 72 STRATHMORE AVENUE |
14 Sep 2023 | £182,012 | £178,000 | 48 KINGSLAND ROAD |
11 Aug 2023 | £178,214 | £175,000 | 52 STRATHMORE AVENUE |
14 Nov 2022 | £209,023 | £210,000 | 154 NEW TOWN STREET |
This house has a floor area of 89 sq meters or 960 sq feet when measured on 3 Aug 2011. Using an estimated price of £277,323 means this house is valued at £3,106 per sq meter (£288 per sq foot).
The average size of a house on KINGSLAND ROAD is 74 sq meters (803 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsland Road |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingsland Road |
Apr 2024 | Anti-social behaviour | On or near Kingsland Road | |
Apr 2024 | Anti-social behaviour | On or near Kingsland Road | |
Apr 2024 | Anti-social behaviour | On or near Kingsland Road |