£377,092
This estimated value is based upon the latest sale price for the house of £250,000 on 25 Jul 2014. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
Price Paid | Date |
---|---|
£250,000 | 25 Jul 2014 |
£220,000 | 22 Sep 2006 |
£139,000 | 25 Sep 2001 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 July 2014 the House Price Index for LUTON was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £250,000 results in an estimated price of approximately £377,092.
25 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 146.7 | 50.837 % | £250,000 | £127,092 | £377,092 |
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 | 92.108 % | £230,269 | £480,269 |
3 Month Average | 22.828 % | £57,070 | £307,070 |
6 Month Average | 34.537 % | £86,341 | £336,341 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 31 Aug 2012.
The average size of a house on CUTENHOE ROAD is 110 sq meters (1,187 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Alton Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alton Road |
Feb 2024 | Anti-social behaviour | On or near Alton Road | |
Feb 2024 | Anti-social behaviour | On or near Alton Road |