£141,065
This estimated value is based upon the latest sale price for the house of £31,000 on 26 Feb 1999. This value is then adjusted by the current Official House Price Index for LUTON 1
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243b Dunstable Road, Luton, LU4 8BW
Phone: 01582936762
Price Paid | Date |
---|---|
£31,000 | 26 Feb 1999 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 1999 the House Price Index for LUTON was 32.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 355.049%.Applying this 355.049% change to the original purchase price of £31,000 results in an estimated price of approximately £141,065.
26 Feb 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.9 | 149.7 | 355.049 % | £31,000 | £110,065 | £141,065 |
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 | 450.745 % | £139,730 | £170,730 |
3 Month Average | 390.242 % | £120,975 | £151,975 |
6 Month Average | 402.587 % | £124,801 | £155,801 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £216,657 | £210,000 | 24 IVY ROAD |
10 Nov 2023 | £141,594 | £138,000 | 63 IVY ROAD |
19 Apr 2023 | £239,479 | £235,000 | 20 IVY ROAD |
17 Apr 2023 | £244,575 | £240,000 | 36 BEECH ROAD |
3 Feb 2023 | £251,681 | £250,000 | 49 IVY ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Apr 2016. Using an estimated price of £141,065 means this house is valued at £1,516 per sq meter (£140 per sq foot).
The average size of a house on BEECH ROAD is 85 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Unable to prosecute suspect | On or near Beech Road |
Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Beech Road |
Jun 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Beech Road |
Jun 2024 | Drugs | Awaiting court outcome | On or near Beech Road |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Beech Road |