£298,256
This estimated value is based upon the latest sale price for the house of £125,000 on 9 May 2003. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
| Price Paid | Date |
|---|---|
| £125,000 | 9 May 2003 |
| £81,000 | 2 Apr 2001 |
| £52,995 | 4 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2003 the House Price Index for LUTON was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £125,000 results in an estimated price of approximately £298,256.
| 9 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £125,000 | £173,256 | £298,256 |
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 | 177.486 % | £221,856 | £346,856 |
| 3 Month Average | 134.749 % | £168,435 | £293,435 |
| 6 Month Average | 123.696 % | £154,620 | £279,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £214,880 | £210,000 | 57 BAKER STREET |
| 25 Aug 2023 | £330,969 | £325,000 | 122 STRATHMORE AVENUE |
| 2 Jun 2023 | £285,726 | £280,000 | 61 BAKER STREET |
| 30 Mar 2022 | £224,446 | £215,000 | 93 CAMBRIDGE STREET |
| 29 Nov 2021 | £272,380 | £250,000 | 172 BAKER STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 12 Jul 2019. Using an estimated price of £298,256 means this house is valued at £3,682 per sq meter (£342 per sq foot).
The average size of a house on STRATHMORE AVENUE is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Strathmore Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strathmore Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strathmore Avenue |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Strathmore Avenue |
| Jun 2024 | Anti-social behaviour | On or near Strathmore Avenue |