£139,065
This estimated value is based upon the latest sale price for the house of £112,500 on 23 May 2019. 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 |
|---|---|
| £112,500 | 23 May 2019 |
| £91,000 | 31 Aug 2006 |
| £57,995 | 19 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 May 2019 the House Price Index for LUTON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £112,500 results in an estimated price of approximately £139,065.
| 23 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £112,500 | £26,565 | £139,065 |
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 | -13.751 % | £-15,470 | £97,029 |
| 3 Month Average | -15.751 % | £-17,720 | £94,779 |
| 6 Month Average | -8.601 % | £-9,676 | £102,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £304,093 | £300,000 | EBENEZER STRICT BAPTIST CHAPEL HASTINGS STREET |
| 5 Apr 2023 | £267,884 | £265,000 | 111 WELLINGTON STREET |
| 6 Oct 2022 | £170,445 | £172,280 | FLAT 11 PRINCESS LODGE, 39 - 45 PRINCESS STREET |
| 17 Jun 2022 | £223,154 | £220,000 | 47 DUMFRIES STREET |
| 13 May 2022 | £131,732 | £129,250 | APARTMENT 8 REGENTS PLACE, 11 HASTINGS STREET |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 3 Aug 2020. Using an estimated price of £139,065 means this house is valued at £4,214 per sq meter (£391 per sq foot).
The average size of a house on WELLINGTON STREET is 59 sq meters (640 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Street |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wellington Street |
| Apr 2024 | Theft from the person | Under investigation | On or near Wellington Street |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellington Street |
| Feb 2024 | Anti-social behaviour | On or near Wellington Street |