£335,508
This estimated value is based upon the latest sale price for the house of £248,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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Trend House, Dallow Road, Luton, LU1 1LY
Phone: 01582936600
| Price Paid | Date |
|---|---|
| £248,000 | 27 May 2016 |
| £170,000 | 12 Dec 2006 |
| £133,000 | 23 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 May 2016 the House Price Index for LUTON was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £248,000 results in an estimated price of approximately £335,508.
| 27 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £248,000 | £87,508 | £335,508 |
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 | 29.440 % | £73,011 | £321,011 |
| 3 Month Average | 45.377 % | £112,534 | £360,534 |
| 6 Month Average | 37.434 % | £92,837 | £340,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £366,612 | £360,000 | 5 WHIPPERLEY WAY |
| 20 Apr 2023 | £336,290 | £330,000 | 54 RED RAILS |
| 13 Apr 2023 | £341,385 | £335,000 | 6 WHIPPERLEY WAY |
| 22 Mar 2023 | £396,624 | £390,000 | 6 HOMESTEAD WAY |
| 3 Mar 2023 | £315,265 | £310,000 | 106 WHIPPERLEY WAY |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 19 Jul 2016. Using an estimated price of £335,508 means this house is valued at £2,819 per sq meter (£261 per sq foot).
The average size of a house on HOMESTEAD WAY is 99 sq meters (1,067 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Homestead Way | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Homestead Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homestead Way |
| May 2024 | Anti-social behaviour | On or near Homestead Way | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homestead Way |