£270,392
This estimated value is based upon the latest sale price for the house of £275,000 on 25 Jan 2023. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
Price Paid | Date |
---|---|
£275,000 | 25 Jan 2023 |
£67,000 | 31 Jul 2001 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 January 2023 the House Price Index for LUTON was 149.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.676%.Applying this -1.676% change to the original purchase price of £275,000 results in an estimated price of approximately £270,392.
25 Jan 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.2 | 146.7 | -1.676 % | £275,000 | £-4,607 | £270,392 |
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 | 68.297 % | £187,816 | £462,816 |
3 Month Average | -3.938 % | £-10,830 | £264,169 |
6 Month Average | 4.087 % | £11,238 | £286,238 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 11 Jul 2019.
The average size of a house on WINDMILL ROAD is 89 sq meters (962 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Windmill Road | |
Feb 2024 | Anti-social behaviour | On or near Windmill Road | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Windmill Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Windmill Road |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Windmill Road |