£234,799
This estimated value is based upon the latest sale price for the house of £42,000 on 31 Aug 1996. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Downs Road
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Trend House, Dallow Road, Luton, LU1 1LY
Phone: 01582936600
Price Paid | Date |
---|---|
£42,000 | 31 Aug 1996 |
Terraced |
Freehold |
Floor Area: 131 sq meters or 1,410 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 August 1996 the House Price Index for LUTON was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £42,000 results in an estimated price of approximately £234,799.
31 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.8 | 149.7 | 459.047 % | £42,000 | £192,799 | £234,799 |
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 | 662.244 % | £278,142 | £320,142 |
3 Month Average | 546.833 % | £229,669 | £271,669 |
6 Month Average | 521.067 % | £218,848 | £260,848 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £156,556 | £153,000 | FLAT D 2 DOWNS ROAD |
13 Oct 2023 | £184,183 | £180,000 | 2A DOWNS ROAD |
7 Sep 2023 | £286,622 | £280,304 | 12 ASHBURNHAM ROAD |
25 Aug 2023 | £272,922 | £268,000 | 18 ASHBURNHAM ROAD |
16 Feb 2023 | £339,770 | £337,500 | 12 DOWNS ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 1 May 2017. Using an estimated price of £234,800 means this house is valued at £1,792 per sq meter (£166 per sq foot).
The average size of a house on DOWNS ROAD is 59 sq meters (644 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Downs Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Downs Road |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Downs Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Downs Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Downs Road |