£114,641
This estimated value is based upon the latest sale price for the house of £29,995 on 30 Mar 2000. 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 |
|---|---|
| £29,995 | 30 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 March 2000 the House Price Index for LUTON was 38.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 282.203%.Applying this 282.203% change to the original purchase price of £29,995 results in an estimated price of approximately £114,641.
| 30 Mar 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 146.7 | 282.203 % | £29,995 | £84,646 | £114,641 |
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 | 307.348 % | £92,188 | £122,183 |
| 3 Month Average | 249.533 % | £74,847 | £104,842 |
| 6 Month Average | 305.063 % | £91,503 | £121,498 |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 16 Jun 2018.
The average size of a house on HIGH TOWN ROAD is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Oxen Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Oxen Road |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Oxen Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oxen Road |
| Jan 2024 | Other theft | Under investigation | On or near Oxen Road |