£372,429
This estimated value is based upon the latest sale price for the house of £300,000 on 30 Oct 2018. 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 |
|---|---|
| £300,000 | 30 Oct 2018 |
| 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 October 2018 the House Price Index for LUTON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £300,000 results in an estimated price of approximately £372,429.
| 30 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £300,000 | £72,429 | £372,429 |
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 | 37.675 % | £113,025 | £413,025 |
| 3 Month Average | 19.293 % | £57,879 | £357,879 |
| 6 Month Average | 9.089 % | £27,267 | £327,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £466,851 | £455,000 | 135 CUTENHOE ROAD |
| 20 Sep 2023 | £503,090 | £492,000 | 131 CUTENHOE ROAD |
| 4 Aug 2023 | £432,806 | £425,000 | 84 CUTENHOE ROAD |
| 14 Jun 2023 | £433,691 | £425,000 | 86 CUTENHOE ROAD |
| 14 Apr 2023 | £3,821,477 | £3,750,000 | 960 CAPABILITY GREEN |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 6 Feb 2018. Using an estimated price of £372,429 means this house is valued at £4,232 per sq meter (£393 per sq foot).
The average size of a house on CUTENHOE ROAD is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Cutenhoe Road |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Cutenhoe Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cutenhoe Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cutenhoe Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cherry Gate Gardens |