£210,179
This estimated value is based upon the latest sale price for the house of £125,000 on 27 Sep 2006. This value is then adjusted by the current Official House Price Index for LUTON 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £125,000 | 27 Sep 2006 |
| £103,000 | 15 Oct 2004 |
| £60,000 | 16 Feb 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 659 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 2006 the House Price Index for LUTON was 87.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.143%.Applying this 68.143% change to the original purchase price of £125,000 results in an estimated price of approximately £210,179.
| 27 Sep 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 146.7 | 68.143 % | £125,000 | £85,179 | £210,179 |
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 | 79.366 % | £99,207 | £224,207 |
| 3 Month Average | 56.458 % | £70,572 | £195,572 |
| 6 Month Average | 73.639 % | £92,048 | £217,048 |
This house has a floor area of 61 sq meters or 659 sq feet when measured on 8 Jul 2010.
The average size of a house on CHADWELL CLOSE is 68 sq meters (734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Ridgway Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Ridgway Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ridgway Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Winch Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Winch Street |