£307,501
This estimated value is based upon the latest sale price for the house of £240,000 on 16 Jun 2017. 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 |
|---|---|
| £240,000 | 16 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2017 the House Price Index for LUTON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £240,000 results in an estimated price of approximately £307,501.
| 16 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £240,000 | £67,501 | £307,501 |
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 | -40.734 % | £-97,761 | £142,238 |
| 3 Month Average | -14.540 % | £-34,896 | £205,103 |
| 6 Month Average | 14.111 % | £33,865 | £273,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £333,592 | £330,000 | 54 RED RAILS |
| 19 Aug 2022 | £398,926 | £400,000 | 40 BRETTS MEAD |
| 9 Aug 2022 | £177,522 | £178,000 | 5 RED RAILS COURT RED RAILS |
| 2 Aug 2022 | £478,711 | £480,000 | 20 THE CROSSWAY |
| 28 Jun 2022 | £273,870 | £270,000 | 124 WILSDEN AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 10 Nov 2016. Using an estimated price of £307,501 means this house is valued at £3,704 per sq meter (£344 per sq foot).
The average size of a house on BRETTS MEAD is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wilsden Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilsden Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Cross Way |
| Apr 2024 | Anti-social behaviour | On or near The Cross Way | |
| Apr 2024 | Anti-social behaviour | On or near The Cross Way |