£169,884
This estimated value is based upon the latest sale price for the house of £170,000 on 20 Jul 2023. 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 |
|---|---|
| £170,000 | 20 Jul 2023 |
| £112,000 | 7 Dec 2007 |
| £51,770 | 6 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 July 2023 the House Price Index for LUTON was 146.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.068%.Applying this -0.068% change to the original purchase price of £170,000 results in an estimated price of approximately £169,884.
| 20 Jul 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 146.7 | -0.068 % | £170,000 | £-115 | £169,884 |
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 | 84.483 % | £143,621 | £313,621 |
| 3 Month Average | 85.409 % | £145,194 | £315,194 |
| 6 Month Average | 7.775 % | £13,216 | £183,216 |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 18 Mar 2020.
The average size of a house on RUSSELL RISE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Russell Rise |
| Mar 2024 | Other crime | Under investigation | On or near Russell Rise |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Russell Rise |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Russell Rise |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Russell Rise |