£409,080
This estimated value is based upon the latest sale price for the house of £325,000 on 23 Feb 2018. 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 |
---|---|
£325,000 | 23 Feb 2018 |
£62,000 | 8 Jul 1998 |
Terraced |
Freehold |
Floor Area: 129 sq meters or 1,388 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 February 2018 the House Price Index for LUTON was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £325,000 results in an estimated price of approximately £409,080.
23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £325,000 | £84,080 | £409,080 |
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 | 66.391 % | £215,770 | £540,770 |
3 Month Average | 77.447 % | £251,703 | £576,703 |
6 Month Average | 86.136 % | £279,940 | £604,940 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £457,044 | £443,000 | 1 COWPER STREET |
26 Jun 2023 | £255,112 | £250,000 | 21 TAVISTOCK CRESCENT |
28 Mar 2023 | £111,868 | £110,000 | FLAT 5 TAVISTOCK COURT LONDON ROAD |
28 Feb 2023 | £221,479 | £220,000 | 7 COWPER STREET |
31 Jan 2023 | £290,777 | £290,000 | 4 TAVISTOCK CRESCENT |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 14 Feb 2019. Using an estimated price of £409,081 means this house is valued at £3,171 per sq meter (£294 per sq foot).
The average size of a house on LONDON ROAD is 111 sq meters (1,200 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Tavistock Crescent | |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tavistock Crescent |
Sep 2024 | Drugs | Under investigation | On or near Tavistock Crescent |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tavistock Crescent |
Aug 2024 | Anti-social behaviour | On or near Tavistock Crescent |