£186,524
This estimated value is based upon the latest sale price for the house of £155,050 on 10 Dec 2020. 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 |
---|---|
£155,050 | 10 Dec 2020 |
£75,000 | 2 Jun 2015 |
£99,999 | 28 Jan 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 December 2020 the House Price Index for LUTON was 86.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 20.300%.Applying this 20.300% change to the original purchase price of £155,050 results in an estimated price of approximately £186,524.
10 Dec 2020 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 104.3 | 20.300 % | £155,050 | £31,474 | £186,524 |
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 | 21.626 % | £33,530 | £188,580 |
3 Month Average | 11.117 % | £17,236 | £172,286 |
6 Month Average | 6.668 % | £10,339 | £165,389 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2024 | £125,915 | £120,000 | 78 PRINCESS STREET |
9 Jun 2023 | £208,600 | £197,000 | 58 PRINCESS STREET |
6 Jun 2023 | £382,257 | £361,000 | 26 BUXTON ROAD |
3 Mar 2023 | £229,312 | £217,000 | 56 BUXTON ROAD |
30 Nov 2022 | £168,477 | £162,500 | 42B BUXTON ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 25 Feb 2014. Using an estimated price of £186,525 means this house is valued at £3,391 per sq meter (£315 per sq foot).
The average size of a house on PRINCESS STREET is 51 sq meters (553 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Vehicle crime | Under investigation | On or near Princess Street |
Feb 2025 | Anti-social behaviour | On or near Princess Street | |
Feb 2025 | Anti-social behaviour | On or near Princess Street | |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Princess Street |