£1,141,062
This estimated value is based upon the latest sale price for the house of £1,106,000 on 8 Dec 2023. 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 |
|---|---|
| £1,106,000 | 8 Dec 2023 |
| £580,000 | 2 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 2023 the House Price Index for LUTON was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £1,106,000 results in an estimated price of approximately £1,141,062.
| 8 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £1,106,000 | £35,062 | £1,141,062 |
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 | 94.731 % | £1,047,726 | £2,153,726 |
| 3 Month Average | 55.971 % | £619,037 | £1,725,037 |
| 6 Month Average | 3.290 % | £36,388 | £1,142,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £340,000 | £340,000 | 4 LUDLOW AVENUE |
| 10 May 2024 | £325,000 | £325,000 | 159 TENNYSON ROAD |
| 8 Dec 2023 | £1,141,063 | £1,106,000 | 125 LONDON ROAD |
| 7 Dec 2023 | £696,399 | £675,000 | 10 CUTENHOE ROAD |
| 27 Mar 2023 | £655,955 | £645,000 | 41 LUDLOW AVENUE |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 22 Jun 2015. Using an estimated price of £1,141,063 means this house is valued at £7,314 per sq meter (£679 per sq foot).
The average size of a house on LONDON ROAD is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Anti-social behaviour | On or near Parking Area |