£263,829
This estimated value is based upon the latest sale price for the house of £158,396 on 3 Jun 2013. 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 |
---|---|
£158,396 | 3 Jun 2013 |
£100,000 | 15 Apr 2011 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 June 2013 the House Price Index for LUTON was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £158,396 results in an estimated price of approximately £263,829.
3 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 148.6 | 66.563 % | £158,396 | £105,433 | £263,829 |
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 | -15.270 % | £-24,186 | £134,209 |
3 Month Average | 48.321 % | £76,538 | £234,934 |
6 Month Average | 42.354 % | £67,086 | £225,482 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £172,319 | £170,000 | 49B RUSSELL RISE |
20 Jun 2022 | £182,580 | £180,000 | 17 ST SAVIOURS CRESCENT |
8 Apr 2022 | £221,407 | £215,000 | 9 ST SAVIOURS CRESCENT |
31 Mar 2022 | £124,351 | £120,000 | FLAT 3 THE CONIFERS, 100 RUSSELL RISE |
31 Mar 2022 | £134,714 | £130,000 | FLAT 2 THE CONIFERS, 100 RUSSELL RISE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 17 Apr 2012. Using an estimated price of £263,830 means this house is valued at £2,964 per sq meter (£275 per sq foot).
The average size of a house on RUSSELL RISE is 86 sq meters (930 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near St Saviours'S Crescent |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near St Saviours'S Crescent |
Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near St Saviours'S Crescent |
Apr 2024 | Other theft | Under investigation | On or near Russell Rise |
Apr 2024 | Burglary | Under investigation | On or near Russell Rise |