£271,099
This estimated value is based upon the latest sale price for the house of £158,000 on 12 Sep 2006. This value is then adjusted by the current Official House Price Index for LUTON 1
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £158,000 | 12 Sep 2006 |
| Terraced |
| Freehold |
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 2006 the House Price Index for LUTON was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £158,000 results in an estimated price of approximately £271,099.
| 12 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £158,000 | £113,099 | £271,099 |
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 | 109.929 % | £173,688 | £331,688 |
| 3 Month Average | 85.404 % | £134,938 | £292,938 |
| 6 Month Average | 75.397 % | £119,126 | £277,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £313,822 | £309,000 | 86 WILSDEN AVENUE |
| 23 Nov 2023 | £384,767 | £375,000 | 16 RED RAILS |
| 15 Nov 2023 | £268,824 | £262,000 | 1 ANTHONY GARDENS |
| 1 Nov 2023 | £230,860 | £225,000 | 31 BRETTS MEAD |
| 11 Feb 2022 | £382,966 | £362,500 | 32 BRETTS MEAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bretts Mead |
| May 2024 | Anti-social behaviour | On or near Bretts Mead | |
| May 2024 | Anti-social behaviour | On or near Bretts Mead | |
| May 2024 | Anti-social behaviour | On or near Bretts Mead | |
| May 2024 | Anti-social behaviour | On or near Bretts Mead |