£328,609
This estimated value is based upon the latest sale price for the house of £245,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
| Price Paid | Date |
|---|---|
| £245,000 | 5 Aug 2016 |
| £170,000 | 16 Jan 2012 |
| £71,000 | 31 Mar 1999 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in August 2016 the House Price Index for CENTRAL BEDFORDSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £245,000 results in an estimated price of approximately £328,609.
| 5 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £245,000 | £83,609 | £328,609 |
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 | 58.000 % | £142,099 | £387,099 |
| 3 Month Average | 25.024 % | £61,307 | £306,307 |
| 6 Month Average | 26.708 % | £65,435 | £310,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £276,996 | £272,000 | 10 ST ANDREWS WALK |
| 21 Mar 2023 | £508,492 | £500,000 | 1A CRAWLEY CLOSE |
| 4 Nov 2022 | £273,720 | £275,000 | 5A FRONT STREET |
| 15 Jul 2022 | £282,834 | £280,000 | 19 FRONT STREET |
| 9 Jun 2022 | £291,225 | £285,000 | 25 FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Crawley Close | |
| Apr 2024 | Anti-social behaviour | On or near Crawley Close | |
| Apr 2024 | Anti-social behaviour | On or near Crawley Close | |
| Apr 2024 | Anti-social behaviour | On or near Crawley Close | |
| Jun 2024 | Anti-social behaviour | On or near St Andrew'S Close |