£143,520
This estimated value is based upon the latest sale price for the house of £113,000 on 1 Aug 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
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243b Dunstable Road, Luton, LU4 8BW
Phone: 01582936762
Price Paid | Date |
---|---|
£113,000 | 1 Aug 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 33 sq meters or 355 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 2017 the House Price Index for LUTON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £113,000 results in an estimated price of approximately £143,520.
1 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £113,000 | £30,520 | £143,520 |
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 | 57.622 % | £65,112 | £178,112 |
3 Month Average | 6.137 % | £6,934 | £119,934 |
6 Month Average | 31.754 % | £35,882 | £148,882 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £197,864 | £196,000 | 118 ALTHORP ROAD |
17 May 2021 | £113,004 | £100,000 | FLAT 71 MILLINERS COURT MILLINERS WAY |
31 Mar 2021 | £200,360 | £180,000 | 92 ALTHORP ROAD |
25 Oct 2019 | £122,632 | £100,000 | FLAT 2 MILLINERS COURT MILLINERS WAY |
17 Sep 2019 | £247,847 | £202,000 | 80 ALTHORP ROAD |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 26 Feb 2019. Using an estimated price of £143,520 means this house is valued at £4,349 per sq meter (£404 per sq foot).
The average size of a house on MILLINERS WAY is 54 sq meters (581 sq feet).