£230,092
This estimated value is based upon the latest sale price for the house of £145,000 on 16 Apr 2008. This value is then adjusted by the current Official House Price Index for LUTON 1
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Kingham House, 1 Kingham Way, Luton, LU2 7RG
Phone: 01582955871
| Price Paid | Date |
|---|---|
| £145,000 | 16 Apr 2008 |
| £128,000 | 21 Jul 2006 |
| £39,500 | 2 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 April 2008 the House Price Index for LUTON was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £145,000 results in an estimated price of approximately £230,092.
| 16 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £145,000 | £85,092 | £230,092 |
The Postcode Pricing Model uses changes in average sales price within the LU2 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 | 59.630 % | £86,464 | £231,464 |
| 3 Month Average | 74.017 % | £107,324 | £252,324 |
| 6 Month Average | 68.713 % | £99,633 | £244,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £263,547 | £260,000 | 82 OLD BEDFORD ROAD |
| 11 Nov 2022 | £135,854 | £137,500 | FLAT 3 THE OLD HAT FACTORY, 12 - 14 CLARENDON ROAD |
| 25 Oct 2022 | £80,137 | £81,000 | 20A FREDERICK STREET PASSAGE |
| 22 Aug 2022 | £324,128 | £325,000 | 19 CLARENDON ROAD |
| 1 Jun 2022 | £242,426 | £239,000 | 120 OLD BEDFORD ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 12 Apr 2016. Using an estimated price of £230,092 means this house is valued at £1,933 per sq meter (£179 per sq foot).
The average size of a house on OLD BEDFORD ROAD is 137 sq meters (1,483 sq feet).