£251,694
This estimated value is based upon the latest sale price for the house of £147,500 on 26 Aug 2011. 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 |
|---|---|
| £147,500 | 26 Aug 2011 |
| £100,000 | 12 Jul 2002 |
| £47,500 | 26 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 695 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 August 2011 the House Price Index for LUTON was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.640%.Applying this 70.640% change to the original purchase price of £147,500 results in an estimated price of approximately £251,694.
| 26 Aug 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.640 % | £147,500 | £104,194 | £251,694 |
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 | 70.807 % | £104,439 | £251,939 |
| 3 Month Average | 51.390 % | £75,800 | £223,300 |
| 6 Month Average | 71.019 % | £104,752 | £252,252 |
This house has a floor area of 64 sq meters or 695 sq feet when measured on 20 Feb 2011.
The average size of a house on LYNEHAM ROAD is 74 sq meters (798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lyneham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lyneham Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lyneham Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyneham Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Lyneham Road |