£240,229
This estimated value is based upon the latest sale price for the house of £225,000 on 2 Nov 2021. This value is then adjusted by the current Official House Price Index for LUTON 1
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Jansel House Parade, 656 Hitchin Road, Stopsley, Luton, LU2 7XH
Phone: 01582879107
| Price Paid | Date |
|---|---|
| £225,000 | 2 Nov 2021 |
| £145,000 | 28 Apr 2006 |
| £81,000 | 30 Jan 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2021 the House Price Index for LUTON was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £225,000 results in an estimated price of approximately £240,229.
| 2 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 146.7 | 6.769 % | £225,000 | £15,229 | £240,229 |
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 | 8.777 % | £19,748 | £244,748 |
| 3 Month Average | -16.164 % | £-36,369 | £188,630 |
| 6 Month Average | -4.525 % | £-10,181 | £214,818 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 10 Aug 2020.
The average size of a house on MANGROVE ROAD is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Local resolution | On or near Keepers Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mangrove Road |
| Feb 2024 | Anti-social behaviour | On or near Mangrove Road | |
| Feb 2024 | Anti-social behaviour | On or near Mangrove Road | |
| Mar 2024 | Other theft | Under investigation | On or near Styles Close |