£314,349
This estimated value is based upon the latest sale price for the house of £266,000 on 21 Oct 2020. 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 |
|---|---|
| £266,000 | 21 Oct 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2020 the House Price Index for LUTON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £266,000 results in an estimated price of approximately £314,349.
| 21 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £266,000 | £48,349 | £314,349 |
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 | -14.724 % | £-39,166 | £226,833 |
| 3 Month Average | 7.440 % | £19,789 | £285,789 |
| 6 Month Average | 10.897 % | £28,985 | £294,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £192,093 | £188,500 | FLAT 1 WILSON COURT STIRLING DRIVE |
| 12 Oct 2022 | £274,085 | £275,000 | FLAT 30 WILSON COURT STIRLING DRIVE |
| 14 Jul 2022 | £196,974 | £195,000 | FLAT 70 ELLESMERE COURT STIRLING DRIVE |
| 29 Jun 2022 | £286,116 | £280,000 | FLAT 3 ELLESMERE COURT STIRLING DRIVE |
| 3 Dec 2020 | £306,395 | £265,000 | FLAT 24 ELLESMERE COURT STIRLING DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 17 Oct 2019. Using an estimated price of £314,350 means this house is valued at £4,691 per sq meter (£435 per sq foot).
The average size of a house on STIRLING DRIVE is 61 sq meters (660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Armstrong Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armstrong Road |
| Sep 2024 | Robbery | Under investigation | On or near Armstrong Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |