£300,498
This estimated value is based upon the latest sale price for the house of £225,000 on 3 Jun 2016. 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 |
---|---|
£225,000 | 3 Jun 2016 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2016 the House Price Index for LUTON was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £225,000 results in an estimated price of approximately £300,498.
3 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £225,000 | £75,498 | £300,498 |
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 | -46.712 % | £-105,101 | £119,898 |
3 Month Average | -3.211 % | £-7,223 | £217,776 |
6 Month Average | 3.115 % | £7,008 | £232,008 |
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 |
21 Jul 2023 | £334,502 | £330,000 | 109 CUTENHOE ROAD |
2 Jun 2023 | £283,433 | £280,000 | 61 BAKER STREET |
3 Mar 2023 | £372,510 | £369,000 | 101 CUTENHOE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Mar 2016. Using an estimated price of £300,499 means this house is valued at £4,292 per sq meter (£398 per sq foot).
The average size of a house on COWPER STREET is 79 sq meters (851 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Strathmore Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Strathmore Avenue |
Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Strathmore Avenue |
Mar 2024 | Drugs | Under investigation | On or near Strathmore Avenue |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Strathmore Avenue |