£343,893
This estimated value is based upon the latest sale price for the house of £277,500 on 20 Jul 2018. 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 |
|---|---|
| £277,500 | 20 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 880 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 2018 the House Price Index for LUTON was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £277,500 results in an estimated price of approximately £343,893.
| 20 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £277,500 | £66,393 | £343,893 |
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 | 11.688 % | £32,434 | £309,934 |
| 3 Month Average | 14.117 % | £39,174 | £316,674 |
| 6 Month Average | 9.342 % | £25,923 | £303,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £283,433 | £280,000 | 34 HART HILL DRIVE |
| 11 Apr 2022 | £278,046 | £270,000 | 36 CRAWLEY GREEN ROAD |
| 16 Feb 2022 | £319,852 | £305,000 | 54 HART HILL DRIVE |
| 31 Jan 2022 | £276,257 | £262,500 | 40 HART HILL DRIVE |
| 16 Jul 2021 | £1,442,328 | £1,255,000 | 24 CRAWLEY GREEN ROAD |
This house has a floor area of 81 sq meters or 880 sq feet when measured on 7 Jul 2010. Using an estimated price of £343,893 means this house is valued at £4,204 per sq meter (£390 per sq foot).
The average size of a house on CRESCENT ROAD is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Luton Dunstable Busway |
| Apr 2024 | Other theft | Under investigation | On or near Luton Dunstable Busway |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Luton Dunstable Busway |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Luton Dunstable Busway |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Luton Dunstable Busway |