£239,010
This estimated value is based upon the latest sale price for the house of £120,000 on 15 Jun 2004. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Kingsland Road
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
| Price Paid | Date |
|---|---|
| £120,000 | 15 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 June 2004 the House Price Index for LUTON was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £120,000 results in an estimated price of approximately £239,010.
| 15 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £120,000 | £119,010 | £239,010 |
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 | 219.353 % | £263,223 | £383,223 |
| 3 Month Average | 127.577 % | £153,092 | £273,092 |
| 6 Month Average | 119.285 % | £143,141 | £263,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £225,000 | £225,000 | 46 STRATHMORE AVENUE |
| 30 Nov 2023 | £287,293 | £280,000 | 1 SEYMOUR AVENUE |
| 10 Nov 2023 | £131,334 | £128,000 | 83 HESWALL COURT BAILEY STREET |
| 27 Sep 2023 | £230,072 | £225,000 | 72 STRATHMORE AVENUE |
| 11 Aug 2023 | £178,214 | £175,000 | 52 STRATHMORE AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 3 Oct 2014. Using an estimated price of £239,010 means this house is valued at £2,542 per sq meter (£236 per sq foot).
The average size of a house on STRATHMORE AVENUE is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Kingsland Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingsland Road |
| Sep 2024 | Possession of weapons | Under investigation | On or near Kingsland Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Kingsland Road |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kingsland Road |