£245,925
This estimated value is based upon the latest sale price for the house of £44,500 on 12 Jun 1996. 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 |
|---|---|
| £44,500 | 12 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 1996 the House Price Index for LUTON was 26.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 452.642%.Applying this 452.642% change to the original purchase price of £44,500 results in an estimated price of approximately £245,925.
| 12 Jun 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 146.7 | 452.642 % | £44,500 | £201,425 | £245,925 |
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 | 651.669 % | £289,992 | £334,492 |
| 3 Month Average | 380.677 % | £169,401 | £213,901 |
| 6 Month Average | 444.398 % | £197,757 | £242,257 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 10 Mar 2017.
The average size of a house on STRATHMORE AVENUE is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Kingsland Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kingsland Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingsland Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingsland Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingsland Road |