£274,969
This estimated value is based upon the latest sale price for the house of £150,000 on 12 Aug 2005. This value is then adjusted by the current Official House Price Index for LUTON 1
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64 Grantham Rd, Maidenhall, Luton, LU4 8JY
Phone: 01582955186
| Price Paid | Date |
|---|---|
| £150,000 | 12 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2005 the House Price Index for LUTON was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £150,000 results in an estimated price of approximately £274,969.
| 12 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £150,000 | £124,969 | £274,969 |
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 | 161.691 % | £242,536 | £392,536 |
| 3 Month Average | 83.124 % | £124,686 | £274,686 |
| 6 Month Average | 113.110 % | £169,665 | £319,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £262,295 | £260,000 | 214 LEAGRAVE ROAD |
| 3 Nov 2022 | £84,971 | £86,000 | 16A CAVENDISH ROAD |
| 15 Jul 2022 | £250,675 | £250,000 | 22 HOLLAND ROAD |
| 28 Jan 2022 | £231,530 | £220,000 | 85 SELBOURNE ROAD |
| 3 Jan 2020 | £213,450 | £175,000 | 65 SELBOURNE ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 14 Mar 2020. Using an estimated price of £274,969 means this house is valued at £2,805 per sq meter (£260 per sq foot).
The average size of a house on NORMAN ROAD is 81 sq meters (879 sq feet).