£266,197
This estimated value is based upon the latest sale price for the house of £118,000 on 17 Oct 2003. This value is then adjusted by the current Official House Price Index for LUTON 1
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64 Grantham Rd, Maidenhall, Luton, LU4 8JY
Phone: 01582955186
Price Paid | Date |
---|---|
£118,000 | 17 Oct 2003 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 October 2003 the House Price Index for LUTON was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £118,000 results in an estimated price of approximately £266,197.
17 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 149.7 | 125.591 % | £118,000 | £148,197 | £266,197 |
The Postcode Pricing Model uses changes in average sales price within the LU3 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 | 144.503 % | £170,513 | £288,513 |
3 Month Average | 125.404 % | £147,976 | £265,976 |
6 Month Average | 130.724 % | £154,254 | £272,254 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £294,558 | £292,000 | 306 LEAGRAVE ROAD |
10 Mar 2023 | £518,662 | £510,000 | 11 WOODLAND AVENUE |
3 Nov 2022 | £85,600 | £86,000 | 16A CAVENDISH ROAD |
15 Jun 2022 | £184,799 | £180,849 | 127 MONTROSE AVENUE |
21 Feb 2022 | £433,147 | £410,000 | 129 MONTROSE AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 13 Feb 2016. Using an estimated price of £266,197 means this house is valued at £3,059 per sq meter (£284 per sq foot).
The average size of a house on DENBIGH ROAD is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Denbigh Road |