£208,159
This estimated value is based upon the latest sale price for the house of £38,000 on 25 Nov 1996. This value is then adjusted by the current Official House Price Index for LUTON 1
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289P Dallow Road, Luton, LU1 1TF
Phone: 01582955701
Price Paid | Date |
---|---|
£38,000 | 25 Nov 1996 |
Terraced |
Freehold |
Floor Area: 141 sq meters or 1,517 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 November 1996 the House Price Index for LUTON was 27.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 447.788%.Applying this 447.788% change to the original purchase price of £38,000 results in an estimated price of approximately £208,159.
25 Nov 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.3 | 149.7 | 447.788 % | £38,000 | £170,159 | £208,159 |
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 | 658.142 % | £250,093 | £288,093 |
3 Month Average | 549.647 % | £208,866 | £246,866 |
6 Month Average | 509.551 % | £193,629 | £231,629 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £266,772 | £260,000 | 110 KINGSWAY |
13 Oct 2023 | £322,321 | £315,000 | 47 DUNRAVEN AVENUE |
22 Aug 2023 | £203,673 | £200,000 | 35 DUNRAVEN AVENUE |
28 Apr 2023 | £285,337 | £280,000 | 10 DUNRAVEN AVENUE |
22 Mar 2023 | £274,586 | £270,000 | 79 DUNRAVEN AVENUE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 13 Jun 2016. Using an estimated price of £208,159 means this house is valued at £1,476 per sq meter (£137 per sq foot).
The average size of a house on KINGSWAY is 103 sq meters (1,109 sq feet).