£690,355
This estimated value is based upon the latest sale price for the house of £400,000 on 6 Apr 2011. This value is then adjusted by the current Official House Price Index for LUTON 1
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
Price Paid | Date |
---|---|
£400,000 | 6 Apr 2011 |
£119,950 | 20 Mar 1998 |
Detached |
Freehold |
Floor Area: 161 sq meters or 1,732 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 April 2011 the House Price Index for LUTON was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £400,000 results in an estimated price of approximately £690,355.
6 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 149.7 | 72.589 % | £400,000 | £290,355 | £690,355 |
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 | 64.209 % | £256,835 | £656,835 |
3 Month Average | 71.812 % | £287,249 | £687,249 |
6 Month Average | 65.821 % | £263,284 | £663,284 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £340,000 | £340,000 | 4 LUDLOW AVENUE |
10 May 2024 | £325,000 | £325,000 | 159 TENNYSON ROAD |
8 Dec 2023 | £1,141,063 | £1,106,000 | 125 LONDON ROAD |
7 Dec 2023 | £696,399 | £675,000 | 10 CUTENHOE ROAD |
27 Mar 2023 | £655,955 | £645,000 | 41 LUDLOW AVENUE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 6 Mar 2014. Using an estimated price of £690,356 means this house is valued at £4,287 per sq meter (£398 per sq foot).
The average size of a house on CUTENHOE ROAD is 110 sq meters (1,187 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Ludlow Avenue | |
Aug 2024 | Anti-social behaviour | On or near Ludlow Avenue | |
Aug 2024 | Anti-social behaviour | On or near Ludlow Avenue | |
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Ludlow Avenue |
Jul 2024 | Drugs | Local resolution | On or near Ludlow Avenue |