£108,689
This estimated value is based upon the latest sale price for the house of £59,500 on 8 Sep 2005. 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 |
---|---|
£59,500 | 8 Sep 2005 |
£46,000 | 14 Jan 2005 |
£28,500 | 18 Jan 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 21 sq meters or 226 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 September 2005 the House Price Index for LUTON was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £59,500 results in an estimated price of approximately £108,689.
8 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.3 | 148.6 | 82.671 % | £59,500 | £49,189 | £108,689 |
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 | -10.148 % | £-6,038 | £53,461 |
3 Month Average | 43.416 % | £25,832 | £85,332 |
6 Month Average | 46.741 % | £27,811 | £87,311 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £339,974 | £337,000 | 21 FARLEY MEADOWS |
4 Nov 2022 | £301,350 | £305,000 | 28 FARLEY MEADOWS |
11 Jul 2022 | £330,891 | £330,000 | 24 FARLEY HILL |
7 Jun 2022 | £248,512 | £245,000 | 65 FARLEY HILL |
9 Nov 2021 | £204,406 | £189,000 | 1 TRUNCALLS SUTHERLAND PLACE |
This house has a floor area of 21 sq meters or 226 sq feet when measured on 14 Mar 2020. Using an estimated price of £108,689 means this house is valued at £5,175 per sq meter (£480 per sq foot).
The average size of a house on RUTHIN CLOSE is 27 sq meters (296 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Robbery | Under investigation | On or near Ruthin Close |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Ruthin Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lawn Gardens |
Mar 2024 | Drugs | Local resolution | On or near Parkland Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parkland Drive |