£198,382
This estimated value is based upon the latest sale price for the house of £124,995 on 24 Mar 2008. 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 |
---|---|
£124,995 | 24 Mar 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 March 2008 the House Price Index for LUTON was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £124,995 results in an estimated price of approximately £198,382.
24 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.712 % | £124,995 | £73,387 | £198,382 |
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 | 119.947 % | £149,928 | £274,923 |
3 Month Average | 70.992 % | £88,737 | £213,732 |
6 Month Average | 62.031 % | £77,535 | £202,530 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £245,578 | £240,000 | 52 MAY STREET |
3 Mar 2023 | £225,770 | £222,000 | 24 CAMBRIDGE STREET |
31 Jan 2023 | £115,308 | £115,000 | 4 CAROLE COURT CHASE STREET |
7 Dec 2022 | £147,279 | £120,000 | APARTMENT 6 CHESFORD COURT, 22 MAY STREET |
4 Nov 2022 | £283,674 | £285,000 | 44 CAMBRIDGE STREET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 9 Jun 2020. Using an estimated price of £198,382 means this house is valued at £4,613 per sq meter (£428 per sq foot).
The average size of a house on MAY STREET is 63 sq meters (679 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near May Street |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near May Street |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near May Street |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near May Street |
Jul 2024 | Vehicle crime | Under investigation | On or near Chase Street |