£75,657
This estimated value is based upon the latest sale price for the house of £75,000 on 11 Apr 2024. 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 |
|---|---|
| £75,000 | 11 Apr 2024 |
| £92,500 | 2 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 26 sq meters or 279 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 April 2024 the House Price Index for LUTON was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £75,000 results in an estimated price of approximately £75,657.
| 11 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £75,000 | £657 | £75,657 |
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 | 135.035 % | £101,276 | £176,276 |
| 3 Month Average | 34.375 % | £25,781 | £100,781 |
| 6 Month Average | 24.965 % | £18,723 | £93,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £75,657 | £75,000 | FLAT 4 83 WELLINGTON STREET |
| 31 Oct 2023 | £590,921 | £577,500 | 57 PRINCESS STREET |
| 5 Apr 2023 | £270,051 | £265,000 | 111 WELLINGTON STREET |
| 6 Oct 2022 | £171,706 | £172,280 | FLAT 11 PRINCESS LODGE, 39 - 45 PRINCESS STREET |
| 17 Jun 2022 | £224,805 | £220,000 | 47 DUMFRIES STREET |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 24 Sep 2014. Using an estimated price of £75,657 means this house is valued at £2,909 per sq meter (£270 per sq foot).
The average size of a house on WELLINGTON STREET is 59 sq meters (640 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Walk |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Windsor Walk |
| May 2024 | Anti-social behaviour | On or near Windsor Walk | |
| May 2024 | Anti-social behaviour | On or near Windsor Walk | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Walk |