£342,994
This estimated value is based upon the latest sale price for the house of £270,000 on 5 May 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £270,000 | 5 May 2017 |
| £180,000 | 31 Jul 2014 |
| £115,500 | 10 May 2001 |
| £89,995 | 25 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 May 2017 the House Price Index for LUTON was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £270,000 results in an estimated price of approximately £342,994.
| 5 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 146.7 | 27.035 % | £270,000 | £72,994 | £342,994 |
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 | 16.753 % | £45,233 | £315,233 |
| 3 Month Average | 5.214 % | £14,076 | £284,076 |
| 6 Month Average | 15.961 % | £43,094 | £313,094 |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 23 Jan 2013.
The average size of a house on BUCHANAN DRIVE is 78 sq meters (847 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Buchanan Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buchanan Drive |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Eaton Valley Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Close |