£312,958
This estimated value is based upon the latest sale price for the house of £255,000 on 23 Nov 2018. 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 |
|---|---|
| £255,000 | 23 Nov 2018 |
| £209,950 | 21 Nov 2014 |
| Terraced |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 November 2018 the House Price Index for LUTON was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £255,000 results in an estimated price of approximately £312,958.
| 23 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £255,000 | £57,958 | £312,958 |
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 | -26.465 % | £-67,486 | £187,513 |
| 3 Month Average | -7.025 % | £-17,912 | £237,087 |
| 6 Month Average | -12.300 % | £-31,365 | £223,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £158,536 | £158,000 | FLAT 3 4 FARLEY HILL |
| 25 Aug 2023 | £339,062 | £337,000 | 21 FARLEY MEADOWS |
| 4 Nov 2022 | £300,133 | £305,000 | 28 FARLEY MEADOWS |
| 13 Sep 2022 | £266,756 | £270,000 | 20 FARLEY HILL |
| 11 Jul 2022 | £329,555 | £330,000 | 24 FARLEY HILL |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 23 Oct 2014. Using an estimated price of £312,959 means this house is valued at £3,816 per sq meter (£354 per sq foot).
The average size of a house on FARLEY MEADOWS is 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ruthin Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruthin Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ruthin Close |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Ruthin Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Ruthin Close |