£330,243
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 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £250,000 results in an estimated price of approximately £330,243.
| 22 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £250,000 | £80,243 | £330,243 |
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 | 68.832 % | £172,080 | £422,080 |
| 3 Month Average | 34.083 % | £85,206 | £335,206 |
| 6 Month Average | 31.583 % | £78,958 | £328,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £193,227 | £190,000 | FLAT B 16 HILLBOROUGH ROAD |
| 14 Feb 2023 | £304,031 | £302,000 | 6B HILLBOROUGH ROAD |
| 23 Nov 2022 | £283,674 | £285,000 | 53 CORNCASTLE ROAD |
| 31 Mar 2022 | £167,029 | £160,000 | FLAT 8 THE CONIFERS, 100 RUSSELL RISE |
| 31 Mar 2022 | £146,151 | £140,000 | FLAT 6 THE CONIFERS, 100 RUSSELL RISE |
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 £330,243 means this house is valued at £3,369 per sq meter (£313 per sq foot).
The average size of a house on CORNCASTLE ROAD is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Deanes Close | |
| Sep 2024 | Anti-social behaviour | On or near Deanes Close | |
| Oct 2024 | Anti-social behaviour | On or near Hillborough Road | |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillborough Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillborough Road |