£255,753
This estimated value is based upon the latest sale price for the house of £250,000 on 24 Mar 2022. 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 |
|---|---|
| £250,000 | 24 Mar 2022 |
| £138,000 | 11 Jul 2014 |
| £95,000 | 7 Jun 2013 |
| £60,000 | 31 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2022 the House Price Index for LUTON was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £250,000 results in an estimated price of approximately £255,753.
| 24 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £250,000 | £5,753 | £255,753 |
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 | 1.997 % | £4,993 | £254,993 |
| 3 Month Average | -7.921 % | £-19,801 | £230,198 |
| 6 Month Average | -1.029 % | £-2,573 | £247,426 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 11 Dec 2012.
The average size of a house on DERWENT ROAD is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Road |
| Mar 2024 | Anti-social behaviour | On or near Derwent Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Derwent Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Road |