£303,766
This estimated value is based upon the latest sale price for the house of £235,000 on 20 Apr 2017. 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 |
|---|---|
| £235,000 | 20 Apr 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2017 the House Price Index for LUTON was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £235,000 results in an estimated price of approximately £303,766.
| 20 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £235,000 | £68,766 | £303,766 |
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 | 13.778 % | £32,378 | £267,378 |
| 3 Month Average | 23.749 % | £55,809 | £290,809 |
| 6 Month Average | 17.638 % | £41,449 | £276,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Feb 2023 | £349,765 | £350,000 | 3 RICHMOND HILL |
| 15 Jul 2022 | £270,729 | £270,000 | 76 KINGSTON ROAD |
| 17 May 2022 | £295,569 | £290,000 | 13 RICHMOND HILL |
| 12 Apr 2022 | £350,132 | £340,000 | 11 RICHMOND HILL |
| 11 Apr 2022 | £233,764 | £227,000 | 50 KINGSTON ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 7 Aug 2012. Using an estimated price of £303,767 means this house is valued at £3,451 per sq meter (£320 per sq foot).
The average size of a house on KINGSTON ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingston Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingston Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingston Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Court |
| Apr 2024 | Anti-social behaviour | On or near Alice Court |