£265,539
This estimated value is based upon the latest sale price for the house of £156,000 on 27 Jul 2012. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
Price Paid | Date |
---|---|
£156,000 | 27 Jul 2012 |
£45,950 | 20 May 1996 |
£35,000 | 17 Jul 1995 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 915 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 2012 the House Price Index for LUTON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £156,000 results in an estimated price of approximately £265,539.
27 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.218 % | £156,000 | £109,539 | £265,539 |
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 | -20.616 % | £-32,160 | £123,839 |
3 Month Average | 15.891 % | £24,789 | £180,789 |
6 Month Average | 27.707 % | £43,223 | £199,223 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £283,433 | £280,000 | 61 BAKER STREET |
4 Nov 2022 | £281,589 | £285,000 | 44 CAMBRIDGE STREET |
13 May 2022 | £236,965 | £232,500 | 97 CAMBRIDGE STREET |
30 Mar 2022 | £222,796 | £215,000 | 93 CAMBRIDGE STREET |
29 Nov 2021 | £270,378 | £250,000 | 172 BAKER STREET |
This house has a floor area of 85 sq meters or 915 sq feet when measured on 28 Jan 2009. Using an estimated price of £265,540 means this house is valued at £3,123 per sq meter (£290 per sq foot).
The average size of a house on BAKER STREET is 76 sq meters (825 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Strathmore Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Strathmore Avenue |
Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Strathmore Avenue |
Mar 2024 | Drugs | Under investigation | On or near Strathmore Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Strathmore Avenue |