£1,823,362
This estimated value is based upon the latest sale price for the house of £1,450,000 on 27 Apr 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
Price Paid | Date |
---|---|
£1,450,000 | 27 Apr 2018 |
Freehold |
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 April 2018 the House Price Index for LUTON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £1,450,000 results in an estimated price of approximately £1,823,362.
27 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £1,450,000 | £373,362 | £1,823,362 |
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 | 39.087 % | £566,759 | £2,016,759 |
3 Month Average | 17.915 % | £259,768 | £1,709,768 |
6 Month Average | 36.128 % | £523,850 | £1,973,850 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £55,581 | £54,170 | UNIT 260 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
23 Jun 2022 | £45,983 | £45,000 | UNIT 202 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
2 Apr 2019 | £249,167 | £200,000 | UNIT 210 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
15 Nov 2018 | £93,725 | £75,500 | UNIT 562 SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET |
27 Apr 2018 | £1,823,363 | £1,450,000 | FRANK LORD HOUSE, 72 CHAPEL STREET |