£384,266
This estimated value is based upon the latest sale price for the house of £265,000 on 13 Jul 2015. 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 |
|---|---|
| £265,000 | 13 Jul 2015 |
| £175,000 | 3 Mar 2005 |
| £78,000 | 8 Dec 2000 |
| £42,000 | 12 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 July 2015 the House Price Index for LUTON was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £265,000 results in an estimated price of approximately £384,266.
| 13 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £265,000 | £119,266 | £384,266 |
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 | 66.510 % | £176,250 | £441,250 |
| 3 Month Average | 64.313 % | £170,430 | £435,430 |
| 6 Month Average | 56.603 % | £149,996 | £414,996 |
| 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 166 sq meters or 1,786 sq feet when measured on 10 Jan 2020. Using an estimated price of £384,266 means this house is valued at £2,314 per sq meter (£215 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 |