£1,030,432
This estimated value is based upon the latest sale price for the house of £770,000 on 26 Sep 2016. 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 |
|---|---|
| £770,000 | 26 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 210 sq meters or 2,260 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 2016 the House Price Index for LUTON was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £770,000 results in an estimated price of approximately £1,030,432.
| 26 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £770,000 | £260,432 | £1,030,432 |
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 | 24.409 % | £187,946 | £957,946 |
| 3 Month Average | 21.013 % | £161,798 | £931,798 |
| 6 Month Average | 17.141 % | £131,985 | £901,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £340,000 | £340,000 | 4 LUDLOW AVENUE |
| 8 Dec 2023 | £1,141,063 | £1,106,000 | 125 LONDON ROAD |
| 7 Dec 2023 | £696,399 | £675,000 | 10 CUTENHOE ROAD |
| 27 Mar 2023 | £655,955 | £645,000 | 41 LUDLOW AVENUE |
| 27 Aug 2021 | £1,376,745 | £1,225,000 | 129 LONDON ROAD |
This house has a floor area of 210 sq meters or 2,260 sq feet when measured on 23 Mar 2016. Using an estimated price of £1,030,433 means this house is valued at £4,906 per sq meter (£455 per sq foot).
The average size of a house on LUDLOW AVENUE is 186 sq meters (2,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Ludlow Avenue |
| Jul 2024 | Drugs | Local resolution | On or near Ludlow Avenue |
| Jun 2024 | Anti-social behaviour | On or near Ludlow Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Ludlow Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Ludlow Avenue |