£417,171
This estimated value is based upon the latest sale price for the house of £335,000 on 3 May 2019. 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 |
|---|---|
| £335,000 | 3 May 2019 |
| £195,000 | 28 Mar 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2019 the House Price Index for LUTON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £335,000 results in an estimated price of approximately £417,171.
| 3 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £335,000 | £82,171 | £417,171 |
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 | 158.910 % | £532,347 | £867,347 |
| 3 Month Average | 28.132 % | £94,242 | £429,242 |
| 6 Month Average | 28.362 % | £95,013 | £430,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £412,000 | £412,000 | 155 CUTENHOE ROAD |
| 5 Mar 2024 | £304,681 | £300,000 | 276 PARK STREET |
| 30 Oct 2023 | £455,342 | £445,000 | 151 CUTENHOE ROAD |
| 20 Feb 2023 | £342,286 | £340,000 | 220 CUTENHOE ROAD |
| 30 Jan 2023 | £280,750 | £280,000 | 50 SEYMOUR ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Dec 2012. Using an estimated price of £417,171 means this house is valued at £5,150 per sq meter (£478 per sq foot).
The average size of a house on CUTENHOE ROAD is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alton Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alton Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Alton Road |
| Oct 2024 | Anti-social behaviour | On or near Alton Road | |
| Oct 2024 | Vehicle crime | Under investigation | On or near Alton Road |