£225,112
This estimated value is based upon the latest sale price for the house of £220,000 on 27 Oct 2023. 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 |
|---|---|
| £220,000 | 27 Oct 2023 |
| £109,000 | 1 Jul 2005 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 71 sq meters or 764 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 October 2023 the House Price Index for LUTON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £220,000 results in an estimated price of approximately £225,112.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £220,000 | £5,112 | £225,112 |
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 | 97.744 % | £215,037 | £435,037 |
| 3 Month Average | 7.093 % | £15,605 | £235,605 |
| 6 Month Average | 42.471 % | £93,436 | £313,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £221,816 | £215,000 | 79 HARCOURT STREET |
| 27 Oct 2023 | £225,113 | £220,000 | 87 COWPER STREET |
| 5 Sep 2023 | £224,959 | £220,000 | 120 BAKER STREET |
| 18 Aug 2023 | £305,510 | £300,000 | 136 COWPER STREET |
| 28 Nov 2022 | £258,790 | £260,000 | 126 COWPER STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 25 Mar 2014. Using an estimated price of £225,113 means this house is valued at £3,170 per sq meter (£294 per sq foot).
The average size of a house on COWPER STREET is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Baker Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Paul'S Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near St Paul'S Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chase Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chase Street |