£260,112
This estimated value is based upon the latest sale price for the house of £55,000 on 12 Jun 1998. 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 |
---|---|
£55,000 | 12 Jun 1998 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 935 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 June 1998 the House Price Index for LUTON was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £55,000 results in an estimated price of approximately £260,112.
12 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 149.7 | 372.931 % | £55,000 | £205,112 | £260,112 |
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 | 628.231 % | £345,526 | £400,526 |
3 Month Average | 518.483 % | £285,165 | £340,165 |
6 Month Average | 489.997 % | £269,498 | £324,498 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jul 2024 | £225,000 | £225,000 | 26 SOMERSBY CLOSE |
21 Sep 2023 | £199,396 | £195,000 | 32 SOMERSBY CLOSE |
26 Jun 2023 | £255,112 | £250,000 | 21 TAVISTOCK CRESCENT |
31 Jan 2023 | £290,777 | £290,000 | 4 TAVISTOCK CRESCENT |
5 May 2022 | £219,211 | £213,500 | 62 ASHTON ROAD |
This house has a floor area of 86 sq meters or 935 sq feet when measured on 31 Mar 2011. Using an estimated price of £260,112 means this house is valued at £2,993 per sq meter (£278 per sq foot).
The average size of a house on ASHTON ROAD is 73 sq meters (792 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Tavistock Crescent | |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tavistock Crescent |
Sep 2024 | Drugs | Under investigation | On or near Tavistock Crescent |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tavistock Crescent |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tavistock Crescent |