£304,681
This estimated value is based upon the latest sale price for the house of £300,000 on 5 Mar 2024. 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 |
|---|---|
| £300,000 | 5 Mar 2024 |
| £285,000 | 15 Jan 2020 |
| £168,509 | 21 Dec 2015 |
| £170,000 | 24 Nov 2006 |
| £45,000 | 15 Nov 1996 |
| 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 March 2024 the House Price Index for LUTON was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £300,000 results in an estimated price of approximately £304,681.
| 5 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £300,000 | £4,681 | £304,681 |
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 | 19.426 % | £58,279 | £358,279 |
| 3 Month Average | 49.283 % | £147,850 | £447,850 |
| 6 Month Average | 33.586 % | £100,757 | £400,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £412,000 | £412,000 | 155 CUTENHOE ROAD |
| 5 Mar 2024 | £304,681 | £300,000 | 276 PARK STREET |
| 30 Nov 2023 | £164,167 | £160,000 | FLAT 4 BRACHE COURT SEYMOUR ROAD |
| 30 Oct 2023 | £455,342 | £445,000 | 151 CUTENHOE ROAD |
| 23 Jan 2023 | £153,410 | £153,000 | FLAT 12 BRACHE COURT SEYMOUR ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 4 Nov 2019. Using an estimated price of £304,681 means this house is valued at £3,906 per sq meter (£362 per sq foot).
The average size of a house on PARK STREET is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Alton Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alton Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alton Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Alton Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Alton Road |