£84,681
This estimated value is based upon the latest sale price for the house of £25,000 on 31 Jul 2001. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Russell Rise
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
Price Paid | Date |
---|---|
£25,000 | 31 Jul 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 28 sq meters or 301 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 July 2001 the House Price Index for LUTON was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £25,000 results in an estimated price of approximately £84,681.
31 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £25,000 | £59,681 | £84,681 |
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 | 275.508 % | £68,876 | £93,876 |
3 Month Average | 231.062 % | £57,765 | £82,765 |
6 Month Average | 227.023 % | £56,755 | £81,755 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2022 | £183,932 | £180,000 | 17 ST SAVIOURS CRESCENT |
8 Apr 2022 | £223,046 | £215,000 | 9 ST SAVIOURS CRESCENT |
31 Mar 2022 | £236,973 | £227,000 | 19 ST SAVIOURS CRESCENT |
31 Mar 2022 | £125,272 | £120,000 | FLAT 3 THE CONIFERS, 100 RUSSELL RISE |
31 Mar 2022 | £135,711 | £130,000 | FLAT 2 THE CONIFERS, 100 RUSSELL RISE |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 10 Feb 2019. Using an estimated price of £84,682 means this house is valued at £3,024 per sq meter (£280 per sq foot).
The average size of a house on RUSSELL RISE is 86 sq meters (930 sq feet).
This house is the smallest in the street with a floor area of 28 sq meters (301 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Russell Rise |
May 2024 | Violence and sexual offences | Under investigation | On or near Russell Rise |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Russell Rise |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Russell Rise |
Jul 2024 | Vehicle crime | Under investigation | On or near St Saviours'S Crescent |