£230,456
This estimated value is based upon the latest sale price for the house of £45,000 on 30 Jun 1997. This value is then adjusted by the current Official House Price Index for LUTON 1
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
Price Paid | Date |
---|---|
£45,000 | 30 Jun 1997 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 937 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 1997 the House Price Index for LUTON was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £45,000 results in an estimated price of approximately £230,456.
30 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 148.6 | 412.126 % | £45,000 | £185,456 | £230,456 |
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 | 206.011 % | £92,704 | £137,704 |
3 Month Average | 328.092 % | £147,641 | £192,641 |
6 Month Average | 361.059 % | £162,476 | £207,476 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £172,555 | £170,000 | 53 HIBBERT STREET |
31 Jan 2023 | £267,739 | £269,000 | 33 HIBBERT STREET |
8 Jul 2022 | £240,648 | £240,000 | 48 ASHTON ROAD |
26 May 2022 | £214,033 | £210,000 | 23 HIBBERT STREET |
17 Feb 2022 | £178,278 | £170,000 | FLAT 1 34 ASHTON ROAD |
This house has a floor area of 87 sq meters or 937 sq feet when measured on 31 Mar 2011. Using an estimated price of £230,457 means this house is valued at £2,645 per sq meter (£245 per sq foot).
The average size of a house on HIBBERT STREET is 68 sq meters (738 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hibbert Street |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hibbert Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hibbert Street |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hibbert Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hibbert Street |