£3,118
This estimated value is based upon the latest sale price for the house of £2,500 on 31 May 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
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50 Wellington Street, Luton, LU1 2QH
Phone: 01582936753
| Price Paid | Date |
|---|---|
| £2,500 | 31 May 2018 |
| £14,998 | 19 Dec 2016 |
| Leasehold |
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 May 2018 the House Price Index for LUTON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £2,500 results in an estimated price of approximately £3,118.
| 31 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £2,500 | £618 | £3,118 |
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 | -50.078 % | £-1,251 | £1,248 |
| 3 Month Average | -11.109 % | £-277 | £2,222 |
| 6 Month Average | 22.980 % | £574 | £3,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £621,694 | £615,000 | 23 DUNSTABLE PLACE |
| 28 Mar 2023 | £101 | £100 | 5 GORDON STREET |
| 20 Jan 2023 | £84,601 | £85,000 | FLAT 5 12 GORDON STREET |
| 17 Aug 2022 | £79,785 | £80,000 | FLAT 1 12 GORDON STREET |
| 13 Jan 2022 | £841,926 | £800,000 | 26A HASTINGS STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Peel Street | |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Peel Street |
| Apr 2024 | Anti-social behaviour | On or near Peel Street | |
| Apr 2024 | Drugs | Under investigation | On or near Peel Street |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Peel Street |