£230,046
This estimated value is based upon the latest sale price for the house of £175,000 on 15 Jul 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Oak Road
More crime details
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243b Dunstable Road, Luton, LU4 8BW
Phone: 01582936762
| Price Paid | Date |
|---|---|
| £175,000 | 15 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 July 2016 the House Price Index for LUTON was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £175,000 results in an estimated price of approximately £230,046.
| 15 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £175,000 | £55,046 | £230,046 |
The Postcode Pricing Model uses changes in average sales price within the LU4 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 | 23.744 % | £41,552 | £216,552 |
| 3 Month Average | 25.016 % | £43,778 | £218,778 |
| 6 Month Average | 44.562 % | £77,983 | £252,983 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 31 Jul 2015.
The average size of a house on OAK ROAD is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Oak Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oak Road |
| Dec 2023 | Public order | Under investigation | On or near Oak Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Oak Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ash Road |