£162,063
This estimated value is based upon the latest sale price for the house of £162,500 on 31 Aug 2022. This value is then adjusted by the current Official House Price Index for LUTON 1
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140 Dallow Road, Luton, LU1 1NF
Phone: 01582955779
| Price Paid | Date |
|---|---|
| £162,500 | 31 Aug 2022 |
| £59,000 | 14 Jun 2001 |
| £29,500 | 25 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2022 the House Price Index for LUTON was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £162,500 results in an estimated price of approximately £162,063.
| 31 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £162,500 | £-436 | £162,063 |
The Postcode Pricing Model uses changes in average sales price within the LU1 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 | -10.801 % | £-17,552 | £144,947 |
| 3 Month Average | -27.534 % | £-44,742 | £117,757 |
| 6 Month Average | -23.875 % | £-38,796 | £123,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £143,053 | £140,550 | 9 SOUTHDRIFT WAY |
| 21 Feb 2023 | £374,748 | £375,000 | 56 SOUTHDRIFT WAY |
| 9 Feb 2023 | £349,765 | £350,000 | 28 SOUTHDRIFT WAY |
| 31 Aug 2022 | £162,064 | £162,500 | 7 FRIARS COURT FRIARS CLOSE |
| 18 Aug 2022 | £354,047 | £355,000 | 13 ROTHERHAM AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 23 Dec 2019. Using an estimated price of £162,064 means this house is valued at £2,613 per sq meter (£242 per sq foot).
The average size of a house on FRIARS CLOSE is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Friars Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wulwards Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wulwards Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wulwards Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rotheram Avenue |