£258,490
This estimated value is based upon the latest sale price for the house of £230,000 on 20 Aug 2021. 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 |
|---|---|
| £230,000 | 20 Aug 2021 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 August 2021 the House Price Index for LUTON was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £230,000 results in an estimated price of approximately £258,490.
| 20 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £230,000 | £28,490 | £258,490 |
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 | 30.309 % | £69,710 | £299,710 |
| 3 Month Average | -4.327 % | £-9,951 | £220,048 |
| 6 Month Average | -13.486 % | £-31,017 | £198,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £160,465 | £158,000 | FLAT 3 4 FARLEY HILL |
| 13 Sep 2022 | £269,820 | £270,000 | 20 FARLEY HILL |
| 25 Aug 2022 | £311,456 | £310,000 | 18 RUSSELL RISE |
| 11 Jul 2022 | £333,340 | £330,000 | 24 FARLEY HILL |
| 24 Jun 2022 | £265,679 | £260,000 | 13 BLYTH PLACE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 10 Jun 2021. Using an estimated price of £258,491 means this house is valued at £3,041 per sq meter (£282 per sq foot).
The average size of a house on RUSSELL RISE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brecon Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brecon Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brecon Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brecon Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Russell Street |