£187,193
This estimated value is based upon the latest sale price for the house of £140,000 on 8 Apr 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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6-14 Mill Street, Luton, LU1 2NA
Phone: 01582936910
Price Paid | Date |
---|---|
£140,000 | 8 Apr 2016 |
£105,000 | 17 Nov 2015 |
£92,000 | 18 Oct 2002 |
£28,000 | 5 Dec 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 2016 the House Price Index for LUTON was 109.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.710%.Applying this 33.710% change to the original purchase price of £140,000 results in an estimated price of approximately £187,193.
8 Apr 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 146.7 | 33.710 % | £140,000 | £47,193 | £187,193 |
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 | 134.992 % | £188,989 | £328,989 |
3 Month Average | 14.937 % | £20,912 | £160,912 |
6 Month Average | 14.079 % | £19,710 | £159,710 |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 21 Sep 2015.
The average size of a house on MILL STREET is 53 sq meters (580 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Mill Street |
Mar 2024 | Possession of weapons | Under investigation | On or near Mill Street |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Mill Street |
Mar 2024 | Drugs | Unable to prosecute suspect | On or near Mill Street |
Mar 2024 | Anti-social behaviour | On or near Mill Street |