£171,558
This estimated value is based upon the latest sale price for the house of £143,500 on 8 Jun 2020. 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 |
|---|---|
| £143,500 | 8 Jun 2020 |
| £55,000 | 9 May 2001 |
| £34,000 | 3 Feb 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 June 2020 the House Price Index for LUTON was 122.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.553%.Applying this 19.553% change to the original purchase price of £143,500 results in an estimated price of approximately £171,558.
| 8 Jun 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 146.7 | 19.553 % | £143,500 | £28,058 | £171,558 |
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 | 0.811 % | £1,163 | £144,663 |
| 3 Month Average | -3.245 % | £-4,656 | £138,843 |
| 6 Month Average | 9.740 % | £13,976 | £157,476 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 19 Dec 2013.
The average size of a house on BUCHANAN DRIVE is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Close |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Plymouth Close |