£224,565
This estimated value is based upon the latest sale price for the house of £125,000 on 2 Sep 2009. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
Price Paid | Date |
---|---|
£125,000 | 2 Sep 2009 |
£140,000 | 27 Jul 2004 |
£140,000 | 27 Jul 2004 |
£60,000 | 6 Mar 2000 |
Terraced |
Freehold |
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 2009 the House Price Index for LUTON was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £125,000 results in an estimated price of approximately £224,565.
2 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £125,000 | £99,565 | £224,565 |
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 | 88.687 % | £110,858 | £235,858 |
3 Month Average | 68.919 % | £86,148 | £211,148 |
6 Month Average | 58.239 % | £72,799 | £197,799 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £196,974 | £192,500 | 12 SALISBURY ROAD |
25 Aug 2023 | £218,949 | £215,000 | 16 WINSDON ROAD |
26 Jan 2023 | £135,362 | £135,000 | 75 SALISBURY ROAD |
24 May 2022 | £128,344 | £125,000 | 21 SALISBURY ROAD |
21 Dec 2021 | £199,672 | £185,000 | 39 WINSDON ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winsdon Road |
Jul 2024 | Drugs | Under investigation | On or near Winsdon Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Winsdon Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Winsdon Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Winsdon Road |