£370,236
This estimated value is based upon the latest sale price for the house of £295,000 on 29 Jan 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £295,000 | 29 Jan 2018 |
| £227,000 | 1 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 January 2018 the House Price Index for LUTON was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £295,000 results in an estimated price of approximately £370,236.
| 29 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £295,000 | £75,236 | £370,236 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 32.745 % | £96,596 | £391,596 |
| 3 Month Average | 17.402 % | £51,334 | £346,334 |
| 6 Month Average | 9.797 % | £28,901 | £323,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £330,788 | £325,000 | 21 BLAYDON ROAD |
| 24 Nov 2023 | £329,884 | £325,000 | 27 BLAYDON ROAD |
| 25 Sep 2023 | £283,626 | £280,000 | 10 DURHAM ROAD |
| 16 Jun 2023 | £406,929 | £402,000 | 34 DURHAM ROAD |
| 28 Apr 2023 | £318,429 | £315,000 | 10 BLAYDON ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 31 Jul 2014. Using an estimated price of £370,237 means this house is valued at £3,816 per sq meter (£354 per sq foot).
The average size of a house on DURHAM ROAD is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Durham Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blaydon Road |
| Feb 2024 | Anti-social behaviour | On or near Blaydon Road | |
| Feb 2024 | Anti-social behaviour | On or near Blaydon Road | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Blaydon Road |