£203,523
This estimated value is based upon the latest sale price for the house of £157,000 on 2 May 2017. 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 |
|---|---|
| £157,000 | 2 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2017 the House Price Index for LUTON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £157,000 results in an estimated price of approximately £203,523.
| 2 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £157,000 | £46,523 | £203,523 |
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 | 10.948 % | £17,188 | £174,188 |
| 3 Month Average | 10.970 % | £17,222 | £174,222 |
| 6 Month Average | 36.465 % | £57,250 | £214,250 |
| 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 102 sq meters or 1,097 sq feet when measured on 19 Nov 2018. Using an estimated price of £203,524 means this house is valued at £1,995 per sq meter (£185 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 | Drugs | Awaiting court outcome | On or near Beech Road |
| Jun 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Beech Road |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beech Road |