£189,352
This estimated value is based upon the latest sale price for the house of £150,000 on 29 Sep 2017. 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 |
|---|---|
| £150,000 | 29 Sep 2017 |
| £130,000 | 17 Oct 2008 |
| £130,000 | 17 Oct 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 September 2017 the House Price Index for LUTON was 117.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.235%.Applying this 26.235% change to the original purchase price of £150,000 results in an estimated price of approximately £189,352.
| 29 Sep 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.0 | 26.235 % | £150,000 | £39,352 | £189,352 |
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 | 0.986 % | £1,479 | £151,479 |
| 3 Month Average | 14.020 % | £21,030 | £171,030 |
| 6 Month Average | 13.502 % | £20,252 | £170,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £101,928 | £100,000 | 304 POINT RED, 146 MIDLAND ROAD |
| 6 Aug 2021 | £338,889 | £305,000 | FLAT 89 HATTON PLACE, 118 MIDLAND ROAD |
| 13 Mar 2020 | £248,312 | £207,000 | FLAT 38 HATTON PLACE, 118 MIDLAND ROAD |
| 4 Mar 2020 | £218,322 | £182,000 | FLAT 76 HATTON PLACE, 118 MIDLAND ROAD |
| 14 Feb 2020 | £182,782 | £150,000 | FLAT 75 HATTON PLACE, 118 MIDLAND ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 5 Mar 2020. Using an estimated price of £189,352 means this house is valued at £4,116 per sq meter (£382 per sq foot).
The average size of a house on MIDLAND ROAD is 56 sq meters (604 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |