£421,355
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Nov 2012. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
593 Hitchin Road, Stopsley, Luton, LU2 7UN
Phone: 01582955773
| Price Paid | Date |
|---|---|
| £250,000 | 27 Nov 2012 |
| £50,000 | 27 Jan 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 November 2012 the House Price Index for LUTON was 87.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.542%.Applying this 68.542% change to the original purchase price of £250,000 results in an estimated price of approximately £421,355.
| 27 Nov 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.0 | 68.542 % | £250,000 | £171,355 | £421,355 |
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 | 123.346 % | £308,364 | £558,364 |
| 3 Month Average | 75.117 % | £187,792 | £437,792 |
| 6 Month Average | 68.992 % | £172,479 | £422,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £400,137 | £395,000 | 553 HITCHIN ROAD |
| 11 Aug 2023 | £350,129 | £348,000 | 538 HITCHIN ROAD |
| 3 Feb 2023 | £348,352 | £350,000 | 42 MIXES HILL ROAD |
| 14 Oct 2022 | £407,936 | £414,000 | 17 RYECROFT WAY |
| 8 Jul 2022 | £379,487 | £380,000 | 3 CHARMBURY RISE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 15 Jun 2012. Using an estimated price of £421,356 means this house is valued at £3,291 per sq meter (£305 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 | Under investigation | On or near Ryecroft Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ryecroft Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ryecroft Way |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near St Thomas'S Close |
| Apr 2024 | Public order | Under investigation | On or near St Thomas'S Close |