£407,088
This estimated value is based upon the latest sale price for the house of £375,000 on 10 Sep 2021. 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 Petrol Station
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Rodeheath, Luton, LU4 9XA
Phone: 02030071910
| Price Paid | Date |
|---|---|
| £375,000 | 10 Sep 2021 |
| £165,000 | 16 Mar 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2021 the House Price Index for LUTON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £375,000 results in an estimated price of approximately £407,088.
| 10 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £375,000 | £32,088 | £407,088 |
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 | 3.259 % | £12,219 | £387,219 |
| 3 Month Average | -3.735 % | £-14,005 | £360,994 |
| 6 Month Average | 4.623 % | £17,337 | £392,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £420,679 | £410,000 | 31 ORCHARD WAY |
| 28 Sep 2021 | £387,548 | £357,000 | 18 ORCHARD WAY |
| 10 Sep 2021 | £407,088 | £375,000 | 112 HIGH STREET |
| 28 Jun 2021 | £342,635 | £317,000 | 3 ORCHARD PLACE ORCHARD WAY |
| 6 Jan 2021 | £425,415 | £370,000 | 37 ORCHARD WAY |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 17 Jun 2020. Using an estimated price of £407,088 means this house is valued at £4,285 per sq meter (£398 per sq foot).
The average size of a house on HIGH STREET is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jonathan Henry Place |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bramble Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramble Road |