£505,949
This estimated value is based upon the latest sale price for the house of £400,000 on 14 Jun 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
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Jansel House Parade, 656 Hitchin Road, Stopsley, Luton, LU2 7XH
Phone: 01582879107
| Price Paid | Date |
|---|---|
| £400,000 | 14 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 June 2017 the House Price Index for LUTON was 116.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 26.487%.Applying this 26.487% change to the original purchase price of £400,000 results in an estimated price of approximately £505,949.
| 14 Jun 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 146.7 | 26.487 % | £400,000 | £105,949 | £505,949 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 16.946 % | £67,782 | £467,782 |
| 3 Month Average | 3.420 % | £13,681 | £413,681 |
| 6 Month Average | 15.695 % | £62,778 | £462,778 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 16 Mar 2017.
The average size of a house on WALNUT CLOSE is 127 sq meters (1,374 sq feet).
This house is the smallest in the street with a floor area of 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Walnut Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dahlia Close |
| Feb 2024 | Other theft | Awaiting court outcome | On or near Dahlia Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dahlia Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Dahlia Close |