£55,092
This estimated value is based upon the latest sale price for the house of £35,000 on 22 Mar 2014. 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 |
---|---|
£35,000 | 22 Mar 2014 |
£34,000 | 4 Apr 2012 |
£90,000 | 30 Apr 2001 |
£14,000 | 4 Nov 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 19 sq meters or 211 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 2014 the House Price Index for LUTON was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £35,000 results in an estimated price of approximately £55,092.
22 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £35,000 | £20,092 | £55,092 |
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 | -12.062 % | £-4,221 | £30,778 |
3 Month Average | 35.742 % | £12,509 | £47,509 |
6 Month Average | 30.445 % | £10,655 | £45,655 |
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 19 sq meters or 211 sq feet when measured on 30 Jun 2011. Using an estimated price of £55,092 means this house is valued at £2,802 per sq meter (£260 per sq foot).
The average size of a house on RUTHIN CLOSE is 27 sq meters (296 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruthin Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ruthin Close |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ruthin Close |
Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Ruthin Close |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Ruthin Close |