£157,328
This estimated value is based upon the latest sale price for the house of £132,500 on 22 Sep 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
There have been two burglaries within the last year on or near The Shires
More crime details
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54 New Bedford Rd, Luton, LU1 1SH
Phone: 01582955926
| Price Paid | Date |
|---|---|
| £132,500 | 22 Sep 2020 |
| Flats/Maisonettes |
| Leasehold |
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 2020 the House Price Index for LUTON was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £132,500 results in an estimated price of approximately £157,328.
| 22 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £132,500 | £24,828 | £157,328 |
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 | 10.606 % | £14,052 | £146,552 |
| 3 Month Average | 16.468 % | £21,820 | £154,320 |
| 6 Month Average | 9.358 % | £12,399 | £144,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £199,866 | £200,000 | 32 THE LARCHES |
| 27 Jan 2023 | £199,062 | £200,000 | 28 THE LARCHES |
| 19 Aug 2022 | £221,903 | £222,500 | 72 THE SHIRES |
| 1 Aug 2022 | £176,525 | £177,000 | 46 THE SHIRES |
| 29 Apr 2022 | £195,662 | £190,000 | 67 THE LARCHES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Shires |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near The Shires |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near The Shires |
| Feb 2024 | Anti-social behaviour | On or near The Shires | |
| Feb 2024 | Anti-social behaviour | On or near The Shires |