£234,713
This estimated value is based upon the latest sale price for the house of £226,500 on 4 Mar 2022. 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 |
---|---|
£226,500 | 4 Mar 2022 |
£110,000 | 18 Oct 2013 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 March 2022 the House Price Index for LUTON was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £226,500 results in an estimated price of approximately £234,713.
4 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £226,500 | £8,213 | £234,713 |
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 | 38.742 % | £87,749 | £314,249 |
3 Month Average | -0.363 % | £-821 | £225,678 |
6 Month Average | 7.968 % | £18,046 | £244,546 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £223,102 | £221,000 | 26 DANE ROAD |
17 Mar 2023 | £252,378 | £250,000 | 58 DANE ROAD |
4 Mar 2022 | £234,713 | £226,500 | 44 NORMAN ROAD |
29 Oct 2021 | £287,684 | £260,000 | 75 DANE ROAD |
2 Sep 2021 | £226,294 | £210,000 | 52 DANE ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 5 Aug 2013. Using an estimated price of £234,713 means this house is valued at £3,911 per sq meter (£363 per sq foot).
The average size of a house on NORMAN ROAD is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Norman Road | |
Jan 2024 | Other theft | Under investigation | On or near Norman Road |
Jan 2024 | Anti-social behaviour | On or near Norman Road | |
Jan 2024 | Anti-social behaviour | On or near Norman Road | |
Jan 2024 | Other theft | Under investigation | On or near Norman Road |