£492,674
This estimated value is based upon the latest sale price for the house of £287,000 on 24 Aug 2006. 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 |
|---|---|
| £287,000 | 24 Aug 2006 |
| £75,000 | 10 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 August 2006 the House Price Index for LUTON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £287,000 results in an estimated price of approximately £492,674.
| 24 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £287,000 | £205,674 | £492,674 |
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 | -9.927 % | £-28,490 | £258,509 |
| 3 Month Average | 40.929 % | £117,466 | £404,466 |
| 6 Month Average | 40.479 % | £116,173 | £403,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £290,075 | £285,000 | 14 ORMSBY CLOSE |
| 11 Sep 2023 | £400,116 | £395,000 | 69 LONDON ROAD |
| 11 Apr 2023 | £758,163 | £750,000 | 105 LONDON ROAD |
| 24 Mar 2023 | £333,139 | £330,000 | 106 TENNYSON ROAD |
| 17 Mar 2023 | £393,709 | £390,000 | 75 LONDON ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 18 Apr 2018. Using an estimated price of £492,675 means this house is valued at £3,819 per sq meter (£354 per sq foot).
The average size of a house on LONDON ROAD is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near London Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near London Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area |