£1,593,286
This estimated value is based upon the latest sale price for the house of £260,000 on 30 May 2023. This value is then adjusted by the current Official House Price Index for LUTON 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £260,000 | 30 May 2023 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2023 the House Price Index for LUTON was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £260,000 results in an estimated price of approximately £1,593,286.
| 30 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £260,000 | £1,333,286 | £1,593,286 |
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 | -8.500 % | £-22,100 | £237,899 |
| 3 Month Average | 5.634 % | £14,649 | £274,649 |
| 6 Month Average | 4.238 % | £11,017 | £271,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £240,461 | £235,000 | 4 MORETON ROAD SOUTH |
| 15 Feb 2023 | £291,950 | £290,000 | 105 TURNERS ROAD SOUTH |
| 25 Nov 2022 | £255,804 | £257,000 | 18 RAMRIDGE ROAD |
| 31 May 2022 | £246,933 | £240,500 | 23 RAMRIDGE ROAD |
| 11 May 2022 | £246,420 | £240,000 | 21 TURNERS ROAD SOUTH |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 11 Dec 2018.
The average size of a house on RAMRIDGE ROAD is 67 sq meters (730 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Turners Road South |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Turners Road South |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Turners Road South |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Turners Road South |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ramridge Close |