£166,494
This estimated value is based upon the latest sale price for the house of £135,500 on 3 Jan 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 |
---|---|
£135,500 | 3 Jan 2020 |
£123,500 | 5 Jan 2018 |
£30,500 | 29 Sep 1999 |
Terraced |
Freehold |
Floor Area: 29 sq meters or 312 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 January 2020 the House Price Index for LUTON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £135,500 results in an estimated price of approximately £166,494.
3 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £135,500 | £30,994 | £166,494 |
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 | 35.824 % | £48,541 | £184,041 |
3 Month Average | -1.735 % | £-2,350 | £133,149 |
6 Month Average | -10.485 % | £-14,207 | £121,292 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £243,745 | £240,000 | 141 WELLINGTON STREET |
3 Mar 2023 | £216,109 | £212,500 | 19 STANLEY STREET |
21 Feb 2023 | £327,186 | £325,000 | 2B STANLEY STREET |
23 Sep 2022 | £89,940 | £90,000 | 117C WELLINGTON STREET |
18 Aug 2022 | £113,531 | £113,000 | 117A WELLINGTON STREET |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 26 Jul 2012. Using an estimated price of £166,495 means this house is valued at £5,741 per sq meter (£533 per sq foot).
The average size of a house on STANLEY STREET is 71 sq meters (766 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Stanley Street |
Jul 2024 | Other theft | Under investigation | On or near Stanley Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Stanley Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Stanley Street |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Stanley Street |