£310,837
This estimated value is based upon the latest sale price for the house of £205,000 on 24 Sep 2014. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
Price Paid | Date |
---|---|
£205,000 | 24 Sep 2014 |
£177,500 | 30 Mar 2007 |
£80,000 | 3 Sep 1999 |
Semi-Detached |
Freehold |
Floor Area: 114 sq meters or 1,233 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 2014 the House Price Index for LUTON was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £205,000 results in an estimated price of approximately £310,837.
24 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £205,000 | £105,837 | £310,837 |
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 | 61.482 % | £126,038 | £331,038 |
3 Month Average | 44.048 % | £90,299 | £295,299 |
6 Month Average | 45.618 % | £93,517 | £298,517 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £230,072 | £225,000 | 72 STRATHMORE AVENUE |
11 Aug 2023 | £178,214 | £175,000 | 52 STRATHMORE AVENUE |
13 Jun 2022 | £362,754 | £355,000 | 39B SEYMOUR ROAD |
4 Jun 2022 | £311,662 | £305,000 | 6 SEYMOUR ROAD |
12 Apr 2022 | £376,584 | £363,000 | 27 SEYMOUR ROAD |
This house has a floor area of 114 sq meters or 1,233 sq feet when measured on 3 Aug 2011. Using an estimated price of £310,838 means this house is valued at £2,713 per sq meter (£252 per sq foot).
The average size of a house on SEYMOUR ROAD is 81 sq meters (876 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Alton Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Alton Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Alton Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Alton Road |
Jun 2024 | Anti-social behaviour | On or near Alton Road |