£548,391
This estimated value is based upon the latest sale price for the house of £435,000 on 6 Nov 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
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9 Bedford Square, Houghton Regis, LU5 5ES
Phone: 01582955821
| Price Paid | Date |
|---|---|
| £435,000 | 6 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 November 2017 the House Price Index for LUTON was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £435,000 results in an estimated price of approximately £548,391.
| 6 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £435,000 | £113,391 | £548,391 |
The Postcode Pricing Model uses changes in average sales price within the LU4 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 | 20.000 % | £86,999 | £521,999 |
| 3 Month Average | 13.556 % | £58,968 | £493,968 |
| 6 Month Average | 16.870 % | £73,384 | £508,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £288,691 | £285,000 | 31 OATFIELD CLOSE |
| 16 Jan 2023 | £363,289 | £365,000 | 37 WHEATFIELD ROAD |
| 10 Jun 2022 | £294,157 | £290,000 | 46 PADDOCK CLOSE |
| 10 Jun 2022 | £294,157 | £290,000 | 21 WHEATFIELD ROAD |
| 27 May 2022 | £305,761 | £300,000 | 29 WHEATFIELD ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 27 Jun 2017. Using an estimated price of £548,391 means this house is valued at £4,387 per sq meter (£407 per sq foot).
The average size of a house on THRESHER CLOSE is 140 sq meters (1,509 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Paddock Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Paddock Close |
| Feb 2024 | Drugs | Local resolution | On or near Paddock Close |
| Mar 2024 | Anti-social behaviour | On or near St Kilda Road | |
| Feb 2024 | Anti-social behaviour | On or near Mandem Place |