£343,544
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Dec 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
Price Paid | Date |
---|---|
£250,000 | 22 Dec 2016 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 December 2016 the House Price Index for LUTON was 75.9.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 37.418%.Applying this 37.418% change to the original purchase price of £250,000 results in an estimated price of approximately £343,544.
22 Dec 2016 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
75.9 | 104.3 | 37.418 % | £250,000 | £93,544 | £343,544 |
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 | 67.908 % | £169,769 | £419,769 |
3 Month Average | 31.571 % | £78,928 | £328,928 |
6 Month Average | 34.257 % | £85,641 | £335,641 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Feb 2025 | £264,051 | £260,000 | 38 RUSSELL RISE |
6 Dec 2024 | £224,900 | £218,000 | 74 RUSSELL RISE |
24 Oct 2024 | £302,168 | £290,000 | 66 RUSSELL RISE |
18 Oct 2024 | £98,986 | £95,000 | 75A RUSSELL RISE |
1 Dec 2023 | £161,123 | £150,000 | 4 HILLBOROUGH ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 16 Jul 2013. Using an estimated price of £343,544 means this house is valued at £3,505 per sq meter (£325 per sq foot).
The average size of a house on CORNCASTLE ROAD is 94 sq meters (1,012 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Public order | Investigation complete; no suspect identified | On or near Deanes Close |
Jan 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillborough Road |
Mar 2025 | Other crime | Under investigation | On or near Anthony Gardens |
Mar 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Anthony Gardens |
Mar 2025 | Anti-social behaviour | On or near Anthony Gardens |