£233,934
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Feb 2005. This value is then adjusted by the current Official House Price Index for LUTON 1
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9 Bedford Square, Houghton Regis, LU5 5ES
Phone: 01582955821
Price Paid | Date |
---|---|
£125,000 | 28 Feb 2005 |
£89,995 | 26 Jul 2002 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 2005 the House Price Index for LUTON was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £125,000 results in an estimated price of approximately £233,934.
28 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 148.6 | 87.147 % | £125,000 | £108,934 | £233,934 |
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 | 122.457 % | £153,071 | £278,071 |
3 Month Average | 115.301 % | £144,125 | £269,125 |
6 Month Average | 111.715 % | £139,643 | £264,643 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £329,434 | £325,000 | 58 MARLIN ROAD |
31 Mar 2023 | £394,113 | £390,400 | 60 REGIS ROAD |
17 Mar 2023 | £348,281 | £345,000 | 135 WHEATFIELD ROAD |
7 Mar 2023 | £245,311 | £243,000 | 3 BINDER COURT |
28 Feb 2023 | £294,802 | £295,000 | 145 WHEATFIELD ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 11 Apr 2012. Using an estimated price of £233,934 means this house is valued at £3,341 per sq meter (£310 per sq foot).
The average size of a house on WHEATFIELD ROAD is 91 sq meters (985 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near A5505 | |
Mar 2024 | Anti-social behaviour | On or near A5505 | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandringham Drive |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sandringham Drive |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Sandringham Drive |