£449,042
This estimated value is based upon the latest sale price for the house of £330,000 on 23 Mar 2016. 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 Old Orchard
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
| Price Paid | Date |
|---|---|
| £330,000 | 23 Mar 2016 |
| £230,000 | 18 Nov 2010 |
| £272,000 | 5 Dec 2007 |
| £250,000 | 3 Apr 2007 |
| £230,000 | 12 Jan 2007 |
| Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 2016 the House Price Index for LUTON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £330,000 results in an estimated price of approximately £449,042.
| 23 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £330,000 | £119,042 | £449,042 |
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 | 71.401 % | £235,623 | £565,623 |
| 3 Month Average | 42.492 % | £140,223 | £470,223 |
| 6 Month Average | 33.657 % | £111,067 | £441,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £255,112 | £250,000 | 21 TAVISTOCK CRESCENT |
| 28 Mar 2023 | £111,868 | £110,000 | FLAT 5 TAVISTOCK COURT LONDON ROAD |
| 31 Jan 2023 | £290,777 | £290,000 | 4 TAVISTOCK CRESCENT |
| 20 Jun 2022 | £413,846 | £405,000 | 2 LONDON ROAD |
| 17 Dec 2021 | £183,482 | £170,000 | FLAT 6 CALEDONIAN HOUSE TAVISTOCK CRESCENT |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 7 Jun 2017. Using an estimated price of £449,043 means this house is valued at £2,738 per sq meter (£254 per sq foot).
The average size of a house on LONDON ROAD is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Old Orchard |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Orchard |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Old Orchard |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Orchard |
| Jul 2024 | Anti-social behaviour | On or near Tavistock Crescent |