£146,878
This estimated value is based upon the latest sale price for the house of £95,000 on 12 May 2014. 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 |
---|---|
£95,000 | 12 May 2014 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 2014 the House Price Index for LUTON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £95,000 results in an estimated price of approximately £146,878.
12 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £95,000 | £51,878 | £146,878 |
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 | 145.216 % | £137,955 | £232,955 |
3 Month Average | 71.760 % | £68,171 | £163,171 |
6 Month Average | 94.329 % | £89,612 | £184,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £223,001 | £220,000 | 83 SPENCER ROAD |
5 Aug 2022 | £269,275 | £270,000 | 36 SPENCER ROAD |
25 Feb 2022 | £241,200 | £230,000 | 89 ALTHORP ROAD |
2 Feb 2022 | £243,821 | £232,500 | 52 SPENCER ROAD |
6 Dec 2021 | £287,129 | £268,000 | 107 ALTHORP ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 20 Jan 2014. Using an estimated price of £146,878 means this house is valued at £2,719 per sq meter (£252 per sq foot).
The average size of a house on SPENCER ROAD is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Spencer Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Spencer Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Road |