£220,528
This estimated value is based upon the latest sale price for the house of £51,000 on 31 Aug 1999. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
Price Paid | Date |
---|---|
£51,000 | 31 Aug 1999 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 1999 the House Price Index for LUTON was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £51,000 results in an estimated price of approximately £220,528.
31 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.6 | 149.7 | 332.409 % | £51,000 | £169,528 | £220,528 |
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 | 432.368 % | £220,507 | £271,507 |
3 Month Average | 381.796 % | £194,715 | £245,715 |
6 Month Average | 372.002 % | £189,721 | £240,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £313,822 | £309,000 | 86 WILSDEN AVENUE |
23 Nov 2023 | £384,767 | £375,000 | 16 RED RAILS |
15 Nov 2023 | £268,824 | £262,000 | 1 ANTHONY GARDENS |
1 Nov 2023 | £230,860 | £225,000 | 31 BRETTS MEAD |
11 Feb 2022 | £382,966 | £362,500 | 32 BRETTS MEAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 28 Apr 2017. Using an estimated price of £220,528 means this house is valued at £2,827 per sq meter (£262 per sq foot).
The average size of a house on WILSDEN AVENUE is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bretts Mead |
May 2024 | Anti-social behaviour | On or near Bretts Mead | |
May 2024 | Anti-social behaviour | On or near Bretts Mead | |
May 2024 | Anti-social behaviour | On or near Bretts Mead | |
May 2024 | Anti-social behaviour | On or near Bretts Mead |