£267,078
This estimated value is based upon the latest sale price for the house of £153,000 on 17 Nov 2009. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £153,000 | 17 Nov 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 614 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 November 2009 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 74.561%.Applying this 74.561% change to the original purchase price of £153,000 results in an estimated price of approximately £267,078.
| 17 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £153,000 | £114,078 | £267,078 |
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 | 60.982 % | £93,301 | £246,301 |
| 3 Month Average | 81.782 % | £125,126 | £278,126 |
| 6 Month Average | 82.221 % | £125,798 | £278,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £294,577 | £292,000 | 57 ROWELFIELD |
| 28 Jul 2023 | £425,730 | £420,000 | 7 MAULDEN CLOSE |
| 30 Jun 2023 | £344,169 | £340,000 | 79 ROWELFIELD |
| 1 Feb 2023 | £279,812 | £280,000 | 61 ROWELFIELD |
| 20 Jan 2023 | £373,242 | £375,000 | 11A LYNEHAM ROAD |
This house has a floor area of 57 sq meters or 614 sq feet when measured on 31 Aug 2009. Using an estimated price of £267,078 means this house is valued at £4,680 per sq meter (£434 per sq foot).
The average size of a house on HORNSBY CLOSE is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hornsby Close |
| Mar 2024 | Anti-social behaviour | On or near Hornsby Close | |
| Mar 2024 | Anti-social behaviour | On or near Hornsby Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lyneham Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyneham Road |