£180,145
This estimated value is based upon the latest sale price for the house of £135,000 on 5 Oct 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
Get our free house price tracker.
243b Dunstable Road, Luton, LU4 8BW
Phone: 01582936762
Price Paid | Date |
---|---|
£135,000 | 5 Oct 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 October 2016 the House Price Index for LUTON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £135,000 results in an estimated price of approximately £180,145.
5 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £135,000 | £45,145 | £180,145 |
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 | 26.156 % | £35,309 | £170,309 |
3 Month Average | 28.832 % | £38,923 | £173,923 |
6 Month Average | 30.802 % | £41,582 | £176,582 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £199,329 | £196,000 | 118 ALTHORP ROAD |
17 May 2021 | £113,840 | £100,000 | FLAT 71 MILLINERS COURT MILLINERS WAY |
31 Mar 2021 | £201,843 | £180,000 | 92 ALTHORP ROAD |
25 Oct 2019 | £123,540 | £100,000 | FLAT 2 MILLINERS COURT MILLINERS WAY |
12 Oct 2018 | £124,143 | £100,000 | FLAT 75 MILLINERS COURT MILLINERS WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 18 Aug 2021. Using an estimated price of £180,145 means this house is valued at £2,859 per sq meter (£265 per sq foot).
The average size of a house on MILLINERS WAY is 54 sq meters (581 sq feet).