£123,540
This estimated value is based upon the latest sale price for the house of £100,000 on 15 Oct 2019. This value is then adjusted by the current Official House Price Index for LUTON 1
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386 Hitchin Road, Luton, LU2 7SR
Phone: 01582936653
| Price Paid | Date |
|---|---|
| £100,000 | 15 Oct 2019 |
| £89,000 | 18 Dec 2007 |
| £68,500 | 26 Sep 2003 |
| £36,000 | 16 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 26 sq meters or 279 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 2019 the House Price Index for LUTON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £100,000 results in an estimated price of approximately £123,540.
| 15 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £100,000 | £23,540 | £123,540 |
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 | 4.139 % | £4,139 | £104,139 |
| 3 Month Average | 15.824 % | £15,823 | £115,823 |
| 6 Month Average | 19.575 % | £19,575 | £119,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £378,285 | £375,000 | 69 RICHMOND HILL |
| 19 Dec 2023 | £103,170 | £100,000 | 9 ASTRA COURT COLIN ROAD |
| 11 Dec 2023 | £284,234 | £275,500 | 9 DOREL CLOSE |
| 24 Nov 2023 | £271,902 | £265,000 | 23 DOREL CLOSE |
| 10 Aug 2023 | £285,143 | £280,000 | 37 DOREL CLOSE |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 29 Jul 2012. Using an estimated price of £123,540 means this house is valued at £4,751 per sq meter (£441 per sq foot).
The average size of a house on COLIN ROAD is 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Richmond Hill |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Hill |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Hill |
| Jul 2024 | Anti-social behaviour | On or near Dorel Close | |
| Jun 2024 | Anti-social behaviour | On or near Dorel Close |