£418,773
This estimated value is based upon the latest sale price for the house of £340,000 on 11 Apr 2019. 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 St Thomas'S Road
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593 Hitchin Road, Stopsley, Luton, LU2 7UN
Phone: 01582955773
| Price Paid | Date |
|---|---|
| £340,000 | 11 Apr 2019 |
| £235,000 | 24 Sep 2003 |
| £60,000 | 30 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 April 2019 the House Price Index for LUTON was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £340,000 results in an estimated price of approximately £418,773.
| 11 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £340,000 | £78,773 | £418,773 |
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 | 41.592 % | £141,412 | £481,412 |
| 3 Month Average | 22.477 % | £76,420 | £416,420 |
| 6 Month Average | 12.677 % | £43,102 | £383,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £374,812 | £370,000 | 4 MIXES HILL ROAD |
| 3 Feb 2023 | £348,352 | £350,000 | 42 MIXES HILL ROAD |
| 14 Oct 2022 | £407,936 | £414,000 | 17 RYECROFT WAY |
| 5 Sep 2022 | £373,458 | £378,000 | 8 MIXES HILL ROAD |
| 8 Jul 2022 | £379,487 | £380,000 | 3 CHARMBURY RISE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 17 May 2018. Using an estimated price of £418,773 means this house is valued at £3,673 per sq meter (£341 per sq foot).
The average size of a house on RYECROFT WAY is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Thomas'S Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Thomas'S Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Thomas'S Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near St Thomas'S Road |
| Mar 2024 | Anti-social behaviour | On or near St Thomas'S Road |