£192,008
This estimated value is based upon the latest sale price for the house of £124,000 on 11 Jun 2014. This value is then adjusted by the current Official House Price Index for LUTON 1
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6 Biscot Road, Luton, LU3 1AT
Phone: 01582936437
| Price Paid | Date |
|---|---|
| £124,000 | 11 Jun 2014 |
| £122,000 | 24 Aug 2012 |
| Terraced |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 2014 the House Price Index for LUTON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £124,000 results in an estimated price of approximately £192,008.
| 11 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £124,000 | £68,008 | £192,008 |
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 | 112.025 % | £138,911 | £262,911 |
| 3 Month Average | 81.266 % | £100,769 | £224,769 |
| 6 Month Average | 81.095 % | £100,557 | £224,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £443,632 | £430,000 | 75 BISCOT ROAD |
| 6 Jun 2023 | £311,237 | £305,000 | 16 BISCOT ROAD |
| 13 Mar 2023 | £226,787 | £223,000 | 53 BISCOT ROAD |
| 23 Jan 2023 | £352,943 | £352,000 | 20 BISCOT ROAD |
| 18 Nov 2022 | £110,483 | £111,000 | FLAT 4 STATELY COURT, 29 - 31 STUDLEY ROAD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 23 Aug 2021. Using an estimated price of £192,008 means this house is valued at £1,238 per sq meter (£115 per sq foot).
The average size of a house on BISCOT ROAD is 100 sq meters (1,084 sq feet).