£248,324
This estimated value is based upon the latest sale price for the house of £136,000 on 18 Nov 2005. 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 |
---|---|
£136,000 | 18 Nov 2005 |
£76,000 | 16 Feb 2001 |
£52,950 | 20 May 1999 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 2005 the House Price Index for LUTON was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £136,000 results in an estimated price of approximately £248,324.
18 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.0 | 149.7 | 82.592 % | £136,000 | £112,324 | £248,324 |
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 | 116.391 % | £158,291 | £294,291 |
3 Month Average | 84.403 % | £114,787 | £250,787 |
6 Month Average | 77.874 % | £105,907 | £241,907 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £313,822 | £309,000 | 86 WILSDEN AVENUE |
23 Nov 2023 | £384,767 | £375,000 | 16 RED RAILS |
15 Nov 2023 | £268,824 | £262,000 | 1 ANTHONY GARDENS |
1 Nov 2023 | £230,860 | £225,000 | 31 BRETTS MEAD |
11 Feb 2022 | £382,966 | £362,500 | 32 BRETTS MEAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Jul 2020. Using an estimated price of £248,325 means this house is valued at £3,401 per sq meter (£316 per sq foot).
The average size of a house on WILSDEN AVENUE is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bretts Mead |
May 2024 | Anti-social behaviour | On or near Bretts Mead | |
May 2024 | Anti-social behaviour | On or near Bretts Mead | |
May 2024 | Anti-social behaviour | On or near Bretts Mead | |
May 2024 | Anti-social behaviour | On or near Bretts Mead |