£243,621
This estimated value is based upon the latest sale price for the house of £240,000 on 11 May 2022. 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 |
|---|---|
| £240,000 | 11 May 2022 |
| £170,000 | 27 May 2016 |
| £73,000 | 20 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2022 the House Price Index for LUTON was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £240,000 results in an estimated price of approximately £243,621.
| 11 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £240,000 | £3,621 | £243,621 |
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 | 0.890 % | £2,134 | £242,134 |
| 3 Month Average | 3.041 % | £7,299 | £247,299 |
| 6 Month Average | 2.330 % | £5,593 | £245,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £324,632 | £322,000 | 2 SOMERSET AVENUE |
| 15 Feb 2023 | £288,635 | £290,000 | 105 TURNERS ROAD SOUTH |
| 25 Nov 2022 | £252,899 | £257,000 | 18 RAMRIDGE ROAD |
| 31 May 2022 | £244,129 | £240,500 | 23 RAMRIDGE ROAD |
| 11 May 2022 | £243,621 | £240,000 | 21 TURNERS ROAD SOUTH |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 Dec 2015. Using an estimated price of £243,621 means this house is valued at £3,582 per sq meter (£332 per sq foot).
The average size of a house on TURNERS ROAD SOUTH is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Turners Road South | |
| Mar 2024 | Anti-social behaviour | On or near Turners Road South | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Turners Road South |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Turners Road South |
| Apr 2024 | Anti-social behaviour | On or near Ramridge Road |