£122,788
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Feb 2024. 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 |
|---|---|
| £120,000 | 23 Feb 2024 |
| £120,000 | 11 Nov 2022 |
| £110,000 | 9 Sep 2016 |
| £95,000 | 15 Sep 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 432 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 February 2024 the House Price Index for LUTON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £120,000 results in an estimated price of approximately £122,788.
| 23 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £120,000 | £2,788 | £122,788 |
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 | 92.762 % | £111,314 | £231,314 |
| 3 Month Average | 84.132 % | £100,958 | £220,958 |
| 6 Month Average | 9.570 % | £11,483 | £131,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 Dec 2021 | £127,358 | £118,000 | 47A ROTHESAY ROAD |
| 1 Jun 2020 | £170,797 | £140,000 | FLAT 4 NAPIER HOUSE, 17 - 21 NAPIER ROAD |
This house has a floor area of 40 sq meters or 432 sq feet when measured on 14 Nov 2008.
The average size of a house on ROTHESAY ROAD is 46 sq meters (497 sq feet).