£125,709
This estimated value is based upon the latest sale price for the house of £75,000 on 26 Oct 2012. 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 |
|---|---|
| £75,000 | 26 Oct 2012 |
| £26,500 | 5 Dec 1997 |
| £24,995 | 22 Mar 1996 |
| £22,000 | 31 Aug 1995 |
| 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 October 2012 the House Price Index for LUTON was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.612%.Applying this 67.612% change to the original purchase price of £75,000 results in an estimated price of approximately £125,709.
| 26 Oct 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 146.7 | 67.612 % | £75,000 | £50,709 | £125,709 |
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 | 68.119 % | £51,089 | £126,089 |
| 3 Month Average | 47.855 % | £35,890 | £110,890 |
| 6 Month Average | 66.588 % | £49,940 | £124,940 |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 25 Nov 2013.
The average size of a house on KETTON CLOSE is 59 sq meters (644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rutland Crescent |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rutland Crescent |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farnley Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farnley Grove |
| Feb 2024 | Anti-social behaviour | On or near Farnley Grove |