£217,925
This estimated value is based upon the latest sale price for the house of £175,000 on 17 May 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
There have been three burglaries within the last year on or near George Street West
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83 George Street, Luton, LU1 2AT
Phone: 01582879104
| Price Paid | Date |
|---|---|
| £175,000 | 17 May 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 May 2019 the House Price Index for LUTON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £175,000 results in an estimated price of approximately £217,925.
| 17 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £175,000 | £42,925 | £217,925 |
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 | 102.715 % | £179,751 | £354,751 |
| 3 Month Average | 13.209 % | £23,116 | £198,116 |
| 6 Month Average | 14.217 % | £24,879 | £199,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £219,997 | £215,000 | 31 KING STREET |
| 21 Apr 2023 | £608,379 | £597,000 | 1 GEORGE STREET WEST |
| 22 Mar 2023 | £559,341 | £550,000 | 1A CHAPEL STREET |
| 15 Mar 2023 | £889,861 | £875,000 | 27 GEORGE STREET |
| 23 Dec 2021 | £21,586 | £20,000 | 3 UPPER GEORGE STREET |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 16 Oct 2018. Using an estimated price of £217,925 means this house is valued at £4,952 per sq meter (£460 per sq foot).
The average size of a house on KING STREET is 55 sq meters (597 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near George Street West |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near George Street West |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near George Street West |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near George Street West |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near George Street West |