£224,789
This estimated value is based upon the latest sale price for the house of £98,500 on 10 Sep 2003. 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 |
|---|---|
| £98,500 | 10 Sep 2003 |
| £78,000 | 20 Jun 2002 |
| £38,000 | 25 Feb 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 September 2003 the House Price Index for LUTON was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £98,500 results in an estimated price of approximately £224,789.
| 10 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £98,500 | £126,289 | £224,789 |
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 | 10.768 % | £10,606 | £109,106 |
| 3 Month Average | 65.636 % | £64,651 | £163,151 |
| 6 Month Average | 69.850 % | £68,802 | £167,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £252,216 | £249,500 | 51 RUSSELL STREET |
| 23 Sep 2022 | £89,279 | £90,000 | 117C WELLINGTON STREET |
| 18 Aug 2022 | £112,697 | £113,000 | 117A WELLINGTON STREET |
| 29 Jul 2022 | £150,405 | £150,000 | 16 BRECON CLOSE |
| 24 Jun 2022 | £263,727 | £260,000 | 13 BLYTH PLACE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Oct 2014. Using an estimated price of £224,790 means this house is valued at £3,568 per sq meter (£331 per sq foot).
The average size of a house on RUSSELL STREET is 68 sq meters (734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Russell Street | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Russell Street |
| Apr 2024 | Anti-social behaviour | On or near Russell Street | |
| Mar 2024 | Anti-social behaviour | On or near Russell Street | |
| Mar 2024 | Anti-social behaviour | On or near Russell Street |