£350,515
This estimated value is based upon the latest sale price for the house of £285,000 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for LUTON 1
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593 Hitchin Road, Stopsley, Luton, LU2 7UN
Phone: 01582955773
| Price Paid | Date |
|---|---|
| £285,000 | 14 Sep 2018 |
| £218,000 | 20 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 September 2018 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £285,000 results in an estimated price of approximately £350,515.
| 14 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £285,000 | £65,515 | £350,515 |
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 | 101.012 % | £287,884 | £572,884 |
| 3 Month Average | 16.968 % | £48,358 | £333,358 |
| 6 Month Average | 8.711 % | £24,826 | £309,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £374,812 | £370,000 | 4 MIXES HILL ROAD |
| 9 Nov 2023 | £400,137 | £395,000 | 553 HITCHIN ROAD |
| 9 Jun 2023 | £317,575 | £315,000 | 3 LYNWOOD AVENUE |
| 14 Apr 2023 | £333,479 | £331,000 | 35 LYNWOOD AVENUE |
| 3 Feb 2023 | £348,352 | £350,000 | 42 MIXES HILL ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 24 Mar 2015. Using an estimated price of £350,516 means this house is valued at £6,373 per sq meter (£592 per sq foot).
The average size of a house on RYECROFT WAY is 96 sq meters (1,039 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ryecroft Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ryecroft Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ryecroft Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynwood Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynwood Avenue |