£821,939
This estimated value is based upon the latest sale price for the house of £499,999 on 4 Sep 2013. 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 |
|---|---|
| £499,999 | 4 Sep 2013 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2013 the House Price Index for LUTON was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £499,999 results in an estimated price of approximately £821,939.
| 4 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £499,999 | £321,940 | £821,939 |
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 | -20.480 % | £-102,398 | £397,600 |
| 3 Month Average | 20.562 % | £102,807 | £602,806 |
| 6 Month Average | 32.764 % | £163,817 | £663,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £1,125,696 | £1,106,000 | 125 LONDON ROAD |
| 7 Dec 2023 | £687,021 | £675,000 | 1 CUTENHOE ROAD |
| 7 Dec 2023 | £687,021 | £675,000 | 10 CUTENHOE ROAD |
| 27 Mar 2023 | £651,135 | £645,000 | 41 LUDLOW AVENUE |
| 23 Mar 2023 | £416,928 | £413,000 | 13 CUTENHOE ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 16 Jan 2013. Using an estimated price of £821,939 means this house is valued at £6,575 per sq meter (£610 per sq foot).
The average size of a house on LUDLOW AVENUE is 186 sq meters (2,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludlow Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ludlow Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludlow Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludlow Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludlow Avenue |