£932,233
This estimated value is based upon the latest sale price for the house of £440,000 on 27 Feb 2004. 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 |
|---|---|
| £440,000 | 27 Feb 2004 |
| £440,000 | 27 Feb 2004 |
| £290,000 | 25 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 50 sq meters or 543 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 2004 the House Price Index for LUTON was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £440,000 results in an estimated price of approximately £932,233.
| 27 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £440,000 | £492,233 | £932,233 |
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 | 0.549 % | £2,413 | £442,413 |
| 3 Month Average | 59.413 % | £261,419 | £701,419 |
| 6 Month Average | 63.300 % | £278,519 | £718,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £316,689 | £312,000 | 18 LYNDHURST ROAD |
| 7 Sep 2023 | £283,934 | £280,304 | 12 ASHBURNHAM ROAD |
| 25 Aug 2023 | £270,365 | £268,000 | 18 ASHBURNHAM ROAD |
| 16 Feb 2023 | £337,273 | £337,500 | 12 DOWNS ROAD |
| 24 Jun 2022 | £273,870 | £270,000 | 15 LAWFORD CLOSE |
This house has a floor area of 50 sq meters or 543 sq feet when measured on 10 Nov 2009. Using an estimated price of £932,233 means this house is valued at £18,460 per sq meter (£1,714 per sq foot).
The average size of a house on DOWNS ROAD is 59 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Downs Road |
| Apr 2024 | Anti-social behaviour | On or near Downs Road | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Downs Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Downs Road |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Downs Road |