£201,028
This estimated value is based upon the latest sale price for the house of £197,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Princess Street
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68 Wellington Street, Luton, LU1 5AA
Phone: 01582936897
| Price Paid | Date |
|---|---|
| £197,000 | 9 Jun 2023 |
| £183,000 | 21 Mar 2023 |
| £120,500 | 22 Feb 2013 |
| £119,000 | 9 Apr 2010 |
| £104,950 | 30 Jan 2004 |
| £89,995 | 22 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 June 2023 the House Price Index for LUTON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £197,000 results in an estimated price of approximately £201,028.
| 9 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £197,000 | £4,028 | £201,028 |
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 | 23.793 % | £46,872 | £243,872 |
| 3 Month Average | 5.983 % | £11,787 | £208,787 |
| 6 Month Average | 3.531 % | £6,956 | £203,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £590,921 | £577,500 | 57 PRINCESS STREET |
| 9 Jun 2023 | £201,029 | £197,000 | 58 PRINCESS STREET |
| 6 Oct 2022 | £171,706 | £172,280 | FLAT 11 PRINCESS LODGE, 39 - 45 PRINCESS STREET |
| 23 Aug 2021 | £174,200 | £155,000 | 71 DUMFRIES STREET |
| 25 Jun 2021 | £302,643 | £280,000 | 126 WELLINGTON STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 9 May 2013. Using an estimated price of £201,029 means this house is valued at £2,610 per sq meter (£242 per sq foot).
The average size of a house on PRINCESS STREET is 51 sq meters (553 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Princess Street |
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Princess Street |
| Oct 2024 | Anti-social behaviour | On or near Princess Street | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Princess Street |
| Sep 2024 | Anti-social behaviour | On or near Princess Street |