£523,512
This estimated value is based upon the latest sale price for the house of £405,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
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93 - 95 Castle Street, Luton, LU1 3AJ
Phone: 01582742481
| Price Paid | Date |
|---|---|
| £405,000 | 28 Apr 2017 |
| £169,995 | 10 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 April 2017 the House Price Index for LUTON was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £405,000 results in an estimated price of approximately £523,512.
| 28 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £405,000 | £118,512 | £523,512 |
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 | 30.355 % | £122,937 | £527,937 |
| 3 Month Average | -11.620 % | £-47,059 | £357,940 |
| 6 Month Average | 22.510 % | £91,164 | £496,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2022 | £471,269 | £470,000 | 4 DURLER GARDENS |
| 7 Jun 2022 | £248,512 | £245,000 | 65 FARLEY HILL |
| 9 Nov 2021 | £204,406 | £189,000 | 1 TRUNCALLS SUTHERLAND PLACE |
| 4 Nov 2021 | £454,236 | £420,000 | 31 PARKLAND DRIVE |
| 9 Aug 2021 | £379,309 | £340,000 | 10 SUTHERLAND PLACE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 10 Jul 2015. Using an estimated price of £523,513 means this house is valued at £4,188 per sq meter (£389 per sq foot).
The average size of a house on PARKLAND DRIVE is 136 sq meters (1,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Parkland Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parkland Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkland Drive |
| Dec 2023 | Anti-social behaviour | On or near Parkland Drive | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkland Drive |