£159,407
This estimated value is based upon the latest sale price for the house of £85,000 on 11 Mar 2005. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Grove Road
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Trend House, Dallow Road, Luton, LU1 1LY
Phone: 01582936600
| Price Paid | Date |
|---|---|
| £85,000 | 11 Mar 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 March 2005 the House Price Index for LUTON was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £85,000 results in an estimated price of approximately £159,407.
| 11 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £85,000 | £74,407 | £159,407 |
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 | 138.377 % | £117,620 | £202,620 |
| 3 Month Average | 106.109 % | £90,192 | £175,192 |
| 6 Month Average | 87.761 % | £74,596 | £159,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £190,844 | £186,000 | FLAT 29 MARLBOROUGH COURT GROVE ROAD |
| 6 Jan 2023 | £105,281 | £105,000 | 27B GROVE ROAD |
| 11 Nov 2022 | £156,269 | £157,000 | FLAT 32 MARLBOROUGH COURT GROVE ROAD |
| 4 Nov 2022 | £199,069 | £200,000 | FLAT 37 MARLBOROUGH COURT GROVE ROAD |
| 6 Oct 2022 | £149,999 | £150,500 | FLAT 34 MARLBOROUGH COURT GROVE ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 27 Aug 2019. Using an estimated price of £159,408 means this house is valued at £3,391 per sq meter (£315 per sq foot).
The average size of a house on CARDIFF GROVE is 46 sq meters (501 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Grove Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grove Road |
| May 2024 | Anti-social behaviour | On or near Grove Road | |
| May 2024 | Anti-social behaviour | On or near Grove Road | |
| May 2024 | Anti-social behaviour | On or near Grove Road |