£141,572
This estimated value is based upon the latest sale price for the house of £44,995 on 31 Jan 2002. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £44,995 | 31 Jan 2002 |
| £27,000 | 26 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 30 sq meters or 322 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 January 2002 the House Price Index for LUTON was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £44,995 results in an estimated price of approximately £141,572.
| 31 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £44,995 | £96,577 | £141,572 |
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 | 305.049 % | £137,256 | £182,251 |
| 3 Month Average | 227.952 % | £102,567 | £147,562 |
| 6 Month Average | 197.470 % | £88,851 | £133,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £268,824 | £262,000 | 1 ANTHONY GARDENS |
| 2 Nov 2023 | £256,511 | £250,000 | 4 ANTHONY GARDENS |
| 1 Nov 2023 | £123,125 | £120,000 | 8 FLINT COURT FARLEY HILL |
| 13 Mar 2023 | £193,227 | £190,000 | FLAT B 16 HILLBOROUGH ROAD |
| 23 Nov 2022 | £283,674 | £285,000 | 53 CORNCASTLE ROAD |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 8 Feb 2019. Using an estimated price of £141,573 means this house is valued at £4,719 per sq meter (£438 per sq foot).
The average size of a house on FARLEY HILL is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Anthony Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anthony Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anthony Gardens |
| Jul 2024 | Anti-social behaviour | On or near Anthony Gardens | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Anthony Gardens |