£95,486
This estimated value is based upon the latest sale price for the house of £50,000 on 28 Sep 2004. 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 |
---|---|
£50,000 | 28 Sep 2004 |
£14,000 | 3 Nov 1997 |
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 2004 the House Price Index for LUTON was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £50,000 results in an estimated price of approximately £95,486.
28 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £50,000 | £45,486 | £95,486 |
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 | -11.917 % | £-5,958 | £44,041 |
3 Month Average | 37.351 % | £18,675 | £68,675 |
6 Month Average | 44.296 % | £22,148 | £72,148 |
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 17 Jan 2019. Using an estimated price of £95,487 means this house is valued at £4,547 per sq meter (£422 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 |