£83,845
This estimated value is based upon the latest sale price for the house of £16,500 on 16 Jul 1997. 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 |
|---|---|
| £16,500 | 16 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 13 sq meters or 139 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 July 1997 the House Price Index for LUTON was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £16,500 results in an estimated price of approximately £83,845.
| 16 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 148.6 | 408.152 % | £16,500 | £67,345 | £83,845 |
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 | 170.780 % | £28,178 | £44,678 |
| 3 Month Average | 327.657 % | £54,063 | £70,563 |
| 6 Month Average | 348.480 % | £57,499 | £73,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2022 | £34,627 | £35,000 | UNIT 390 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
| 8 Jun 2021 | £32,188 | £30,000 | UNIT F15 CHAPEL STREET STUDENT ACCOMMODATION, 21 - 25 CHAPEL STREET |
| 26 Feb 2019 | £741,161 | £600,000 | KWIK-FIT CHAPEL STREET |
| 18 May 2018 | £107,394 | £86,100 | UNIT 293 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
| 27 Apr 2018 | £1,809,965 | £1,450,000 | FRANK LORD HOUSE, 72 CHAPEL STREET |
This house has a floor area of 13 sq meters or 139 sq feet when measured on 5 Nov 2015. Using an estimated price of £83,845 means this house is valued at £6,449 per sq meter (£599 per sq foot).
The average size of a house on CHAPEL STREET is 42 sq meters (460 sq feet).
This house is the smallest in the street with a floor area of 13 sq meters (139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chapel Street |
| Apr 2024 | Robbery | Under investigation | On or near Chapel Street |
| Apr 2024 | Anti-social behaviour | On or near Chapel Street | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Chapel Street |