£207,790
This estimated value is based upon the latest sale price for the house of £130,000 on 29 Jun 2007. 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 |
|---|---|
| £130,000 | 29 Jun 2007 |
| £57,500 | 9 May 2000 |
| £36,000 | 14 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 707 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 2007 the House Price Index for LUTON was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £130,000 results in an estimated price of approximately £207,790.
| 29 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £130,000 | £77,790 | £207,790 |
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 | 94.435 % | £122,765 | £252,765 |
| 3 Month Average | 63.502 % | £82,553 | £212,553 |
| 6 Month Average | 58.160 % | £75,608 | £205,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £196,974 | £192,500 | 12 SALISBURY ROAD |
| 4 Oct 2023 | £69,069 | £67,500 | FLAT 11 FAITH HOUSE, 7 NAPIER ROAD |
| 16 Jun 2023 | £117,352 | £115,000 | FLAT 4 18 NAPIER ROAD |
| 10 Mar 2023 | £381,369 | £375,000 | 22 NAPIER ROAD |
| 21 Feb 2023 | £327,186 | £325,000 | 2B STANLEY STREET |
This house has a floor area of 65 sq meters or 707 sq feet when measured on 17 Apr 2009. Using an estimated price of £207,791 means this house is valued at £3,160 per sq meter (£293 per sq foot).
The average size of a house on SALISBURY ROAD is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Salisbury Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Road |
| May 2024 | Robbery | Unable to prosecute suspect | On or near Salisbury Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Salisbury Road |