£180,616
This estimated value is based upon the latest sale price for the house of £120,000 on 19 Sep 2014. 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 |
|---|---|
| £120,000 | 19 Sep 2014 |
| £100,000 | 14 Jul 2006 |
| £43,000 | 8 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 419 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 September 2014 the House Price Index for LUTON was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £120,000 results in an estimated price of approximately £180,616.
| 19 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £120,000 | £60,616 | £180,616 |
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 | 66.337 % | £79,603 | £199,603 |
| 3 Month Average | 57.663 % | £69,195 | £189,195 |
| 6 Month Average | 79.734 % | £95,681 | £215,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2021 | £260,777 | £242,000 | 40 DORRINGTON CLOSE |
| 17 May 2021 | £113,004 | £100,000 | FLAT 71 MILLINERS COURT MILLINERS WAY |
| 25 Oct 2019 | £122,632 | £100,000 | FLAT 2 MILLINERS COURT MILLINERS WAY |
| 2 May 2019 | £296,673 | £240,000 | 98 DORRINGTON CLOSE |
| 12 Oct 2018 | £739,386 | £600,000 | FLAT 96 MILLINERS COURT MILLINERS WAY |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 24 Mar 2014. Using an estimated price of £180,617 means this house is valued at £4,631 per sq meter (£430 per sq foot).
The average size of a house on MILLINERS WAY is 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Awaiting court outcome | On or near Milliners Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milliners Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Milliners Way |
| Feb 2024 | Anti-social behaviour | On or near Milliners Way | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milliners Way |