£288,567
This estimated value is based upon the latest sale price for the house of £160,000 on 24 Jan 2006. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
42 - 46 Cheapside, Luton, LU1 2HN
Phone: 01582955676
| Price Paid | Date |
|---|---|
| £160,000 | 24 Jan 2006 |
| £75,000 | 31 Jan 2002 |
| £46,000 | 18 Sep 1998 |
| Terraced |
| Freehold |
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 January 2006 the House Price Index for LUTON was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.355%.Applying this 80.355% change to the original purchase price of £160,000 results in an estimated price of approximately £288,567.
| 24 Jan 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.355 % | £160,000 | £128,567 | £288,567 |
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 | 138.346 % | £221,354 | £381,354 |
| 3 Month Average | 101.757 % | £162,810 | £322,810 |
| 6 Month Average | 80.849 % | £129,357 | £289,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £136,183 | £135,000 | FLAT 13 THE ELMS, 26 JOHN STREET |
| 6 Feb 2023 | £201,345 | £200,000 | FLAT 36 THE ELMS, 26 JOHN STREET |
| 8 Apr 2022 | £134,865 | £130,000 | FLAT C 22A - 22B GUILDFORD STREET |
| 8 Apr 2022 | £145,239 | £140,000 | FLAT D 22A - 22B GUILDFORD STREET |
| 7 Apr 2022 | £134,865 | £130,000 | FLAT A 22A - 22B GUILDFORD STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Cheapside | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheapside |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheapside |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Cheapside |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheapside |