£208,280
This estimated value is based upon the latest sale price for the house of £85,000 on 7 Feb 2003. 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 Oak Road
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243b Dunstable Road, Luton, LU4 8BW
Phone: 01582936762
| Price Paid | Date |
|---|---|
| £85,000 | 7 Feb 2003 |
| £27,000 | 28 Aug 1998 |
| £16,000 | 29 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 February 2003 the House Price Index for LUTON was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £85,000 results in an estimated price of approximately £208,280.
| 7 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £85,000 | £123,280 | £208,280 |
The Postcode Pricing Model uses changes in average sales price within the LU4 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 | 177.514 % | £150,886 | £235,886 |
| 3 Month Average | 162.145 % | £137,823 | £222,823 |
| 6 Month Average | 161.360 % | £137,155 | £222,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £243,274 | £240,000 | 111 OAK ROAD |
| 12 Aug 2022 | £224,396 | £225,000 | 106 OAK ROAD |
| 7 Feb 2022 | £228,615 | £218,000 | 49 OAK ROAD |
| 28 Jul 2021 | £235,599 | £205,000 | 4 OAK ROAD |
| 11 Jun 2021 | £257,502 | £240,000 | 47 ASH ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 16 Dec 2013. Using an estimated price of £208,280 means this house is valued at £3,591 per sq meter (£333 per sq foot).
The average size of a house on OAK ROAD is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Oak Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oak Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ash Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ash Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Ash Road |