£199,288
This estimated value is based upon the latest sale price for the house of £116,000 on 18 May 2012. This value is then adjusted by the current Official House Price Index for LUTON 1
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
Price Paid | Date |
---|---|
£116,000 | 18 May 2012 |
£115,000 | 12 Oct 2009 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 May 2012 the House Price Index for LUTON was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £116,000 results in an estimated price of approximately £199,288.
18 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £116,000 | £83,288 | £199,288 |
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 | 71.418 % | £82,844 | £198,844 |
3 Month Average | 73.749 % | £85,548 | £201,548 |
6 Month Average | 67.792 % | £78,639 | £194,639 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £176,533 | £175,000 | 144 THE FOUNDRY |
23 Feb 2023 | £218,459 | £217,000 | 19 TENNYSON ROAD |
31 Jan 2023 | £115,308 | £115,000 | 4 CAROLE COURT CHASE STREET |
31 Jan 2023 | £145,388 | £145,000 | 2 TENNYSON ROAD |
16 Jan 2023 | £140,375 | £140,000 | 13 BAILEY HILL COURT ALBERT ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 30 Oct 2019. Using an estimated price of £199,288 means this house is valued at £2,846 per sq meter (£264 per sq foot).
The average size of a house on ALBERT ROAD is 78 sq meters (845 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Chase Street |
Jun 2024 | Public order | Under investigation | On or near Chase Street |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Chase Street |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Chase Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Street |