£435,402
This estimated value is based upon the latest sale price for the house of £350,000 on 28 Sep 2018. 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 |
|---|---|
| £350,000 | 28 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 September 2018 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £350,000 results in an estimated price of approximately £435,402.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £350,000 | £85,402 | £435,402 |
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 | 66.418 % | £232,462 | £582,462 |
| 3 Month Average | 38.672 % | £135,352 | £485,352 |
| 6 Month Average | 21.972 % | £76,900 | £426,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £412,000 | £412,000 | 155 CUTENHOE ROAD |
| 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 |
| 29 Jul 2022 | £381,321 | £377,500 | 112 SEYMOUR ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 16 Jun 2018. Using an estimated price of £435,402 means this house is valued at £4,681 per sq meter (£434 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Seymour Road |
| Oct 2024 | Burglary | Under investigation | On or near Strathmore Avenue |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Strathmore Avenue |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Strathmore Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strathmore Avenue |