£274,780
This estimated value is based upon the latest sale price for the house of £254,995 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for LUTON 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £254,995 | 30 Sep 2021 |
| £105,000 | 16 Aug 2002 |
| Semi-Detached |
| Freehold |
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 September 2021 the House Price Index for LUTON was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £254,995 results in an estimated price of approximately £274,780.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £254,995 | £19,785 | £274,780 |
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 | -14.713 % | £-37,518 | £217,476 |
| 3 Month Average | 2.797 % | £7,132 | £262,127 |
| 6 Month Average | 3.556 % | £9,068 | £264,063 |
| 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 |
| 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 | Violence and sexual offences | Under investigation | On or near Lyneham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lyneham Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lyneham Road |