£496,338
This estimated value is based upon the latest sale price for the house of £249,500 on 7 May 2004. This value is then adjusted by the current Official House Price Index for LUTON 1
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Unit 7 Bennett house, Chaul End, Luton, LU4 8EZ
Phone: 01582955437
| Price Paid | Date |
|---|---|
| £249,500 | 7 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 May 2004 the House Price Index for LUTON was 73.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 98.933%.Applying this 98.933% change to the original purchase price of £249,500 results in an estimated price of approximately £496,338.
| 7 May 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 146.7 | 98.933 % | £249,500 | £246,838 | £496,338 |
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 | 99.477 % | £248,194 | £497,694 |
| 3 Month Average | 110.242 % | £275,053 | £524,553 |
| 6 Month Average | 130.486 % | £325,562 | £575,062 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 6 Jul 2014.
The average size of a house on OAKLEY ROAD is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oakley Road |
| Feb 2024 | Anti-social behaviour | On or near Oakley Road | |
| Feb 2024 | Anti-social behaviour | On or near Oakley Road | |
| Jan 2024 | Anti-social behaviour | On or near Oakley Road | |
| Jan 2024 | Anti-social behaviour | On or near Oakley Road |