£477,376
This estimated value is based upon the latest sale price for the house of £387,995 on 18 Jan 2019. 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 |
|---|---|
| £387,995 | 18 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2019 the House Price Index for LUTON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £387,995 results in an estimated price of approximately £477,376.
| 18 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.037 % | £387,995 | £89,381 | £477,376 |
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 | 2.020 % | £7,836 | £395,831 |
| 3 Month Average | 15.081 % | £58,513 | £446,508 |
| 6 Month Average | 9.582 % | £37,176 | £425,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £275,207 | £270,000 | FLAT 19 WILSON COURT STIRLING DRIVE |
| 29 Nov 2023 | £220,835 | £218,000 | FLAT 32 GRIFFIN COURT STIRLING DRIVE |
| 17 Nov 2023 | £204,627 | £202,000 | 29 ARMSTRONG ROAD |
| 19 Apr 2023 | £189,912 | £188,500 | FLAT 1 WILSON COURT STIRLING DRIVE |
| 8 Feb 2023 | £271,715 | £273,000 | 25 ARMSTRONG ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Dec 2018. Using an estimated price of £477,376 means this house is valued at £5,424 per sq meter (£503 per sq foot).
The average size of a house on ARMSTRONG ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armstrong Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Armstrong Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |
| Mar 2024 | Anti-social behaviour | On or near Armstrong Road |