£166,878
This estimated value is based upon the latest sale price for the house of £135,000 on 28 May 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
| Price Paid | Date |
|---|---|
| £135,000 | 28 May 2019 |
| £81,000 | 7 May 2004 |
| £70,000 | 30 Apr 2003 |
| £63,000 | 30 Sep 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2019 the House Price Index for LUTON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £135,000 results in an estimated price of approximately £166,878.
| 28 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £135,000 | £31,878 | £166,878 |
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 | -13.751 % | £-18,564 | £116,435 |
| 3 Month Average | -15.751 % | £-21,264 | £113,735 |
| 6 Month Average | -8.601 % | £-11,611 | £123,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £188,295 | £185,000 | 31 GREEN DRAGON COURT STRATHMORE AVENUE |
| 23 Jan 2023 | £152,283 | £153,000 | FLAT 12 BRACHE COURT SEYMOUR ROAD |
| 29 Apr 2022 | £373,817 | £363,000 | 57 ALTON ROAD |
| 31 Mar 2022 | £181,346 | £175,000 | 230 PARK STREET |
| 23 Dec 2021 | £482,120 | £450,000 | 203 - 209 PARK STREET |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 24 Feb 2016. Using an estimated price of £166,879 means this house is valued at £3,973 per sq meter (£369 per sq foot).
The average size of a house on SEYMOUR ROAD is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Street |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Street |
| Apr 2024 | Vehicle crime | Under investigation | On or near Park Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Street |