£375,876
This estimated value is based upon the latest sale price for the house of £365,000 on 13 Apr 2022. This value is then adjusted by the current Official House Price Index for LUTON 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
Price Paid | Date |
---|---|
£365,000 | 13 Apr 2022 |
£174,000 | 23 Aug 2004 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 April 2022 the House Price Index for LUTON was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £365,000 results in an estimated price of approximately £375,876.
13 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £365,000 | £10,876 | £375,876 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | -25.226 % | £-92,075 | £272,924 |
3 Month Average | 6.421 % | £23,435 | £388,435 |
6 Month Average | 2.040 % | £7,447 | £372,447 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £350,184 | £345,000 | 12 ELMORE ROAD |
22 Sep 2023 | £298,821 | £295,000 | 34 ELMORE ROAD |
31 Jul 2023 | £304,093 | £300,000 | 55 STANFORD ROAD |
6 Mar 2023 | £333,139 | £330,000 | 3 ELMORE ROAD |
14 Sep 2022 | £285,197 | £287,500 | 40 STANFORD ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 12 Nov 2021. Using an estimated price of £375,877 means this house is valued at £3,915 per sq meter (£363 per sq foot).
The average size of a house on BLOOMFIELD AVENUE is 101 sq meters (1,092 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Rosefield Close | |
Feb 2024 | Anti-social behaviour | On or near Rosefield Close | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosefield Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosefield Close |
Mar 2024 | Anti-social behaviour | On or near Elmore Road |