£348,928
This estimated value is based upon the latest sale price for the house of £291,000 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
| Price Paid | Date |
|---|---|
| £291,000 | 14 Aug 2020 |
| £240,000 | 22 May 2015 |
| £178,000 | 24 Nov 2006 |
| £107,000 | 30 Apr 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2020 the House Price Index for LUTON was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £291,000 results in an estimated price of approximately £348,928.
| 14 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £291,000 | £57,928 | £348,928 |
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 | -52.723 % | £-153,424 | £137,575 |
| 3 Month Average | -9.035 % | £-26,290 | £264,709 |
| 6 Month Average | -23.563 % | £-68,567 | £222,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £461,837 | £455,000 | 135 CUTENHOE ROAD |
| 20 Sep 2023 | £498,372 | £492,000 | 131 CUTENHOE ROAD |
| 4 Aug 2023 | £428,751 | £425,000 | 84 CUTENHOE ROAD |
| 21 Jul 2023 | £334,502 | £330,000 | 109 CUTENHOE ROAD |
| 14 Jun 2023 | £430,211 | £425,000 | 86 CUTENHOE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 1 Apr 2015. Using an estimated price of £348,928 means this house is valued at £3,876 per sq meter (£360 per sq foot).
The average size of a house on STRATHMORE AVENUE is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cutenhoe Road |
| Jan 2024 | Anti-social behaviour | On or near Cutenhoe Road | |
| Jan 2024 | Anti-social behaviour | On or near Cutenhoe Road | |
| Jan 2024 | Anti-social behaviour | On or near Cutenhoe Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cutenhoe Road |