£424,647
This estimated value is based upon the latest sale price for the house of £117,000 on 1 Dec 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 |
|---|---|
| £117,000 | 1 Dec 2000 |
| £73,000 | 25 May 2000 |
| Detached |
| Freehold |
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 December 2000 the House Price Index for LUTON was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £117,000 results in an estimated price of approximately £424,647.
| 1 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 149.7 | 262.947 % | £117,000 | £307,647 | £424,647 |
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 | 183.422 % | £214,603 | £331,603 |
| 3 Month Average | 251.793 % | £294,598 | £411,598 |
| 6 Month Average | 270.263 % | £316,207 | £433,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £229,019 | £225,500 | 3 UPWELL ROAD |
| 16 Oct 2023 | £296,740 | £290,000 | 184 ASHCROFT ROAD |
| 7 Aug 2023 | £264,775 | £260,000 | 233 TURNERS ROAD NORTH |
| 31 Mar 2023 | £323,401 | £318,000 | 25 CLEVEDON ROAD |
| 29 Mar 2023 | £218,652 | £215,000 | 67 HARTSFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upwell Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hanswick Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hanswick Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hanswick Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanswick Close |