£108,906
This estimated value is based upon the latest sale price for the house of £23,500 on 27 Nov 1998. 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 |
---|---|
£23,500 | 27 Nov 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 25 sq meters or 269 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 November 1998 the House Price Index for LUTON was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £23,500 results in an estimated price of approximately £108,906.
27 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.431 % | £23,500 | £85,406 | £108,906 |
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 | 191.555 % | £45,015 | £68,515 |
3 Month Average | 324.129 % | £76,170 | £99,670 |
6 Month Average | 306.083 % | £71,929 | £95,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jan 2023 | £114,461 | £115,000 | 4 CAROLE COURT CHASE STREET |
24 Jun 2022 | £258,655 | £255,000 | 48 MAY STREET |
13 Apr 2022 | £132,329 | £128,500 | APARTMENT 3 CHESFORD COURT, 22 MAY STREET |
5 Jan 2022 | £226,268 | £215,000 | 15 MAY STREET |
15 Dec 2021 | £262,487 | £245,000 | 45 MAY STREET |
This house has a floor area of 25 sq meters or 269 sq feet when measured on 22 Feb 2016. Using an estimated price of £108,906 means this house is valued at £4,356 per sq meter (£404 per sq foot).
The average size of a house on CHASE STREET is 46 sq meters (498 sq feet).
This house is the smallest in the street with a floor area of 25 sq meters (269 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Street |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near May Street |
Apr 2024 | Vehicle crime | Under investigation | On or near May Street |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near May Street |