£195,811
This estimated value is based upon the latest sale price for the house of £124,995 on 4 Apr 2008. 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 |
---|---|
£124,995 | 4 Apr 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 April 2008 the House Price Index for LUTON was 93.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.655%.Applying this 56.655% change to the original purchase price of £124,995 results in an estimated price of approximately £195,811.
4 Apr 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 146.7 | 56.655 % | £124,995 | £70,816 | £195,811 |
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 | 117.248 % | £146,553 | £271,548 |
3 Month Average | 35.963 % | £44,952 | £169,947 |
6 Month Average | 36.101 % | £45,124 | £170,119 |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 26 Nov 2019.
The average size of a house on MAY STREET is 63 sq meters (679 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near May Street |
Feb 2024 | Drugs | Under investigation | On or near May Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near May Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near May Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Chase Street |