£299,074
This estimated value is based upon the latest sale price for the house of £106,000 on 29 Jul 2002. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Strathmore Avenue
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
Price Paid | Date |
---|---|
£106,000 | 29 Jul 2002 |
£45,995 | 28 Apr 1995 |
Terraced |
Freehold |
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 2002 the House Price Index for LUTON was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £106,000 results in an estimated price of approximately £299,074.
29 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 149.7 | 182.145 % | £106,000 | £193,074 | £299,074 |
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 | 308.947 % | £327,484 | £433,484 |
3 Month Average | 235.114 % | £249,220 | £355,220 |
6 Month Average | 223.218 % | £236,610 | £342,610 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £214,880 | £210,000 | 57 BAKER STREET |
20 Sep 2023 | £503,090 | £492,000 | 131 CUTENHOE ROAD |
25 Aug 2023 | £330,969 | £325,000 | 122 STRATHMORE AVENUE |
2 Jun 2023 | £285,726 | £280,000 | 61 BAKER STREET |
3 Mar 2023 | £375,267 | £369,000 | 101 CUTENHOE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near Strathmore Avenue |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Strathmore Avenue |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Strathmore Avenue |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strathmore Avenue |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seymour Road |