£164,649
This estimated value is based upon the latest sale price for the house of £29,000 on 5 Feb 1996. 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 |
|---|---|
| £29,000 | 5 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 1996 the House Price Index for LUTON was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £29,000 results in an estimated price of approximately £164,649.
| 5 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.755 % | £29,000 | £135,649 | £164,649 |
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 | 518.101 % | £150,249 | £179,249 |
| 3 Month Average | 483.638 % | £140,255 | £169,255 |
| 6 Month Average | 498.519 % | £144,570 | £173,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £224,041 | £220,000 | 32 SAXON ROAD |
| 2 Jun 2023 | £209,192 | £205,000 | 68 SAXON ROAD |
| 5 Aug 2022 | £271,268 | £270,000 | 36 SPENCER ROAD |
| 26 May 2022 | £231,019 | £225,000 | 69 SAXON ROAD |
| 10 Jun 2021 | £208,067 | £192,500 | 75 SPENCER ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 4 Sep 2013. Using an estimated price of £164,649 means this house is valued at £2,110 per sq meter (£196 per sq foot).
The average size of a house on SAXON ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saxon Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saxon Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saxon Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Saxon Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Saxon Road |