£282,186
This estimated value is based upon the latest sale price for the house of £134,995 on 15 Mar 2004. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Russell Street
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
Price Paid | Date |
---|---|
£134,995 | 15 Mar 2004 |
£68,885 | 5 Nov 1999 |
£47,500 | 21 Feb 1997 |
£45,000 | 30 Mar 1995 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 March 2004 the House Price Index for LUTON was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £134,995 results in an estimated price of approximately £282,186.
15 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 148.6 | 109.035 % | £134,995 | £147,191 | £282,186 |
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 | 4.537 % | £6,125 | £141,120 |
3 Month Average | 59.377 % | £80,155 | £215,150 |
6 Month Average | 61.440 % | £82,940 | £217,935 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £175,150 | £173,500 | 18A RUSSELL STREET |
25 Aug 2022 | £309,168 | £310,000 | 18 RUSSELL RISE |
29 Jul 2022 | £150,405 | £150,000 | 16 BRECON CLOSE |
24 Jun 2022 | £263,727 | £260,000 | 13 BLYTH PLACE |
17 Jun 2022 | £121,720 | £120,000 | FLAT 3 16 RUSSELL STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 13 Jul 2017. Using an estimated price of £282,187 means this house is valued at £3,281 per sq meter (£304 per sq foot).
The average size of a house on BLYTH PLACE is 95 sq meters (1,022 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Russell Street | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Russell Street |
Apr 2024 | Anti-social behaviour | On or near Russell Street | |
Mar 2024 | Anti-social behaviour | On or near Russell Street | |
Mar 2024 | Burglary | Under investigation | On or near Russell Street |