£322,921
This estimated value is based upon the latest sale price for the house of £185,000 on 26 May 2006. 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 |
---|---|
£185,000 | 26 May 2006 |
£161,500 | 9 Feb 2004 |
£126,000 | 21 Feb 2003 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 May 2006 the House Price Index for LUTON was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £185,000 results in an estimated price of approximately £322,921.
26 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.6 | 74.552 % | £185,000 | £137,921 | £322,921 |
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 | -6.715 % | £-12,423 | £172,576 |
3 Month Average | 36.818 % | £68,113 | £253,113 |
6 Month Average | 45.133 % | £83,495 | £268,495 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jun 2022 | £360,089 | £355,000 | 39B SEYMOUR ROAD |
4 Jun 2022 | £309,372 | £305,000 | 6 SEYMOUR ROAD |
29 Apr 2022 | £373,817 | £363,000 | 57 ALTON ROAD |
12 Apr 2022 | £373,817 | £363,000 | 27 SEYMOUR ROAD |
16 Dec 2021 | £385,696 | £360,000 | 18 ALTON ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 16 Mar 2020. Using an estimated price of £322,921 means this house is valued at £4,036 per sq meter (£375 per sq foot).
The average size of a house on ALTON ROAD is 99 sq meters (1,070 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alton Road |
Apr 2024 | Anti-social behaviour | On or near Alton Road | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Road |