£264,734
This estimated value is based upon the latest sale price for the house of £145,000 on 1 May 2009. 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 |
|---|---|
| £145,000 | 1 May 2009 |
| £54,000 | 12 Feb 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 833 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 2009 the House Price Index for LUTON was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.576%.Applying this 82.576% change to the original purchase price of £145,000 results in an estimated price of approximately £264,734.
| 1 May 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 146.7 | 82.576 % | £145,000 | £119,734 | £264,734 |
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 | 89.927 % | £130,394 | £275,394 |
| 3 Month Average | 76.494 % | £110,915 | £255,915 |
| 6 Month Average | 90.917 % | £131,830 | £276,830 |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 29 Jul 2009.
The average size of a house on PORLOCK DRIVE is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porlock Drive |
| Feb 2024 | Drugs | Local resolution | On or near Porlock Drive |
| Jan 2024 | Other crime | Under investigation | On or near Porlock Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollybush Road |
| Mar 2024 | Drugs | Local resolution | On or near Hollybush Road |