£199,672
This estimated value is based upon the latest sale price for the house of £115,000 on 28 Nov 2011. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
Price Paid | Date |
---|---|
£115,000 | 28 Nov 2011 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 662 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 2011 the House Price Index for LUTON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £115,000 results in an estimated price of approximately £199,672.
28 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £115,000 | £84,672 | £199,672 |
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 | 102.392 % | £117,750 | £232,750 |
3 Month Average | 78.419 % | £90,181 | £205,181 |
6 Month Average | 66.618 % | £76,610 | £191,610 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2022 | £183,932 | £180,000 | 17 ST SAVIOURS CRESCENT |
8 Apr 2022 | £223,046 | £215,000 | 9 ST SAVIOURS CRESCENT |
31 Mar 2022 | £135,711 | £130,000 | FLAT 2 THE CONIFERS, 100 RUSSELL RISE |
31 Mar 2022 | £125,272 | £120,000 | FLAT 3 THE CONIFERS, 100 RUSSELL RISE |
31 Mar 2022 | £236,973 | £227,000 | 19 ST SAVIOURS CRESCENT |
This house has a floor area of 61 sq meters or 662 sq feet when measured on 18 May 2011. Using an estimated price of £199,672 means this house is valued at £3,243 per sq meter (£301 per sq foot).
The average size of a house on RUSSELL RISE is 86 sq meters (930 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near St Saviours'S Crescent |
Jul 2024 | Drugs | Under investigation | On or near St Saviours'S Crescent |
Jul 2024 | Other crime | Under investigation | On or near St Saviours'S Crescent |
Jun 2024 | Vehicle crime | Under investigation | On or near St Saviours'S Crescent |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Saviours'S Crescent |