£561,723
This estimated value is based upon the latest sale price for the house of £474,995 on 4 Sep 2020. 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 |
|---|---|
| £474,995 | 4 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 September 2020 the House Price Index for LUTON was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £474,995 results in an estimated price of approximately £561,723.
| 4 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £474,995 | £86,728 | £561,723 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 10.606 % | £50,377 | £525,372 |
| 3 Month Average | 16.468 % | £78,224 | £553,219 |
| 6 Month Average | 9.358 % | £44,450 | £519,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £220,329 | £217,500 | FLAT 22 BROOKLANDS COURT STIRLING DRIVE |
| 25 Aug 2023 | £568,457 | £565,000 | 101 ARMSTRONG ROAD |
| 8 Mar 2023 | £208,628 | £207,500 | FLAT 49 BROOKLANDS COURT STIRLING DRIVE |
| 16 Feb 2023 | £263,753 | £265,000 | FLAT 8 BROOKLANDS COURT STIRLING DRIVE |
| 27 May 2022 | £250,727 | £247,000 | FLAT 16 BROOKLANDS COURT STIRLING DRIVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 28 Jul 2020. Using an estimated price of £561,723 means this house is valued at £5,299 per sq meter (£492 per sq foot).
The average size of a house on ARMSTRONG ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hunting Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hunting Drive |
| Mar 2024 | Anti-social behaviour | On or near Hunting Drive | |
| Mar 2024 | Anti-social behaviour | On or near Hunting Drive | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armstrong Road |