£205,364
This estimated value is based upon the latest sale price for the house of £190,000 on 24 Jun 2021. 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 |
---|---|
£190,000 | 24 Jun 2021 |
£190,000 | 26 Apr 2019 |
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 2021 the House Price Index for LUTON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £190,000 results in an estimated price of approximately £205,364.
24 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £190,000 | £15,364 | £205,364 |
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 | -21.189 % | £-40,259 | £149,740 |
3 Month Average | 6.075 % | £11,541 | £201,541 |
6 Month Average | 11.164 % | £21,212 | £211,212 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £278,560 | £270,000 | FLAT 19 WILSON COURT STIRLING DRIVE |
29 Nov 2023 | £223,678 | £218,000 | FLAT 32 GRIFFIN COURT STIRLING DRIVE |
17 Nov 2023 | £207,261 | £202,000 | 29 ARMSTRONG ROAD |
19 Apr 2023 | £192,093 | £188,500 | FLAT 1 WILSON COURT STIRLING DRIVE |
8 Feb 2023 | £274,836 | £273,000 | 25 ARMSTRONG ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 3 Apr 2019. Using an estimated price of £205,365 means this house is valued at £3,949 per sq meter (£366 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 | Under investigation | On or near Armstrong Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Armstrong Road |
Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Armstrong Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |