£183,776
This estimated value is based upon the latest sale price for the house of £75,000 on 19 Feb 2003. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
Price Paid | Date |
---|---|
£75,000 | 19 Feb 2003 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 February 2003 the House Price Index for LUTON was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £75,000 results in an estimated price of approximately £183,776.
19 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 148.6 | 145.035 % | £75,000 | £108,776 | £183,776 |
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 | 22.958 % | £17,218 | £92,218 |
3 Month Average | 79.289 % | £59,467 | £134,467 |
6 Month Average | 87.213 % | £65,409 | £140,409 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £218,829 | £215,000 | 79 HARCOURT STREET |
5 Sep 2023 | £222,849 | £220,000 | 120 BAKER STREET |
18 Aug 2023 | £302,648 | £300,000 | 136 COWPER STREET |
6 Jul 2023 | £203,742 | £201,000 | 51 HARCOURT STREET |
28 Nov 2022 | £256,888 | £260,000 | 126 COWPER STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 24 Mar 2017. Using an estimated price of £183,777 means this house is valued at £2,917 per sq meter (£271 per sq foot).
The average size of a house on COWPER STREET is 79 sq meters (851 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Baker Street |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Baker Street |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Baker Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Street |